Gender pay equality and small business
After watching an article on the BBC Breakfast show this morning regarding the pay gap between men and women. Its now going to be law for larger companies (250+ staff) to publish a a gender pay difference percentages in the name of transparency. I’m guessing this is in the government’s hope that businesses will be shamed into reducing the gap, rather than legislating against it.
I was left firstly with the feeling that 'this 2015 and this should not be happening'
“Larger companies should be setting an example to smaller companies and reducing the pay difference”
I find this view remarkable! People are far, far, far more valuable to smaller companies than in large enterprises. Anyone who has ever worked in a large organisation knows that you can always be replaced and that its fairly trivial to recruit and train someone in, many have entire departments dedicated to this. So what’s the incentive to reduce the pay gap? Shame and transparency alone isn’t going to change the pressure from the share holders who are focused on profit.
On the flip side when someone leaves a small business it can be extremely disruptive, you lose vital skills and likely don’t have enough people to pick up the slack. Its also incredibly time consuming to recruit and train someone, not to mention costly. This is why I believe its down to smaller companies to actually set the example to their larger counter parts. I know here at ngineered we value our staff more, a good job is a good job, pay will always be equal and reflective of experience, knowledge and skill not your gender. I think its time for the SME/SMB’s to actually make a change and address the issues with equality. That difference should be 0% pay difference.