Will new pay transparency rules close the gender pay gap for good?

Plus, is new Fed Chief Kevin Warsh Donald Trump’s ‘sock puppet’?

Listen | 28:55
What will the new EU pay legislation mean for employers and their staff? Photograph: iStock
What will the new EU pay legislation mean for employers and their staff? Photograph: iStock

This week Inside Business looks at pay transparency.

A new EU directive requiring employers to disclose salary ranges in the workplace and toughen rules enforcing gender pay equality comes into effect on June 7th.

However, Ireland is set to miss that deadline, with no draft legislation in place.

Nichola Harkin is head of employment law services at employers’ group Ibec and joins host Ciaran Hancock in studio to explain the key elements of the new EU pay legislation and what it will mean for employers and their staff.

How is it being received by companies here? And will it close the gender pay gap?

In the second half of this episode, Ciarán speaks to Irish Times Washington Correspondent Keith Duggan about the new governor of the Federal Reserve, Kevin Warsh.

He has been described by New York Times columnist Paul Krugman as Donald Trump’s sock puppet.

So, the question is, will he be his own man or a Trump patsy?

Produced by John Casey with JJ Vernon on sound.

OUR PODCASTS