Could a legally-enforced shaming be the key for companies to close the gender pay gap? The UK has recently begun to legally require companies of a certain size to file “pay disclosures” that make public the disparity between what they pay their men and women employees. The “nationwide experiment for pay equality” showed that some companies sport as much as a 60% difference in median pay for men and women, according to Bloomberg.
Could a legally-enforced shaming initiative be the key for companies to close the gender pay gap?