On 05 March the European Commission presented its Gender Equality Strategy 2020-2025 that identifies major challenges in the form of persistent gender-based violence and stereotypes, gender pay equality, and gender equal representation at top-level company management. In terms of corporate board membership and gender pay equality, the EU Commission is considering European legislation that would seek to impose wage transparency and female company management board participation, and it has launched a public consultation on the issue of gender pay.
As part of her political guidelines, EU Commission President Ursula von der Leyen made a commitment to the introduction of binding measures as concerns pay transparency. ‘Women in the EU earn on average 16% less than men and they still experience barriers to access and remain at the labour market,’ the EU Commission’s press statement underlined, and as a result it launched on 05 March a public consultation running from 05 March 2020 – 28 May 2020 on the Gender pay gap – transparency on pay for men and women (here) with the information collected then feeding into an impact assessment accompanying an initiative on pay transparency measures.
Do you have information to share with us?