In today’s briefing:
- How Much Can ‘effort Targets’ Speed up the Narrowing of the Gender Pay Gap?
How Much Can ‘effort Targets’ Speed up the Narrowing of the Gender Pay Gap?
- Since very few companies disclosed challenges, efforts to resolve them and progress, it’s unlikely that ‘gender pay gap’ will be disclosed in convincing manner, with this being the only exception.
- Japan’s Law for the Promotion of Women’s Activities does not prohibit gender discrimination and is not legally binding on gender equality, so the wage gap is only an effort target.
- While some proactive companies may accelerate their efforts as disclosures reveal gender pay gap, many are likely to move at modest pace to match the pace of those around them.