Andy Burnham has called on businesses to publish salaries in job adverts rather than wait for a new law to take effect which will mandate them to do so. The government said it is planning to bring forward legislation to make it compulsory for salaries to be visible on job adverts before people apply to them, making employers legally required to be transparent about pay. The government stated that the move will help tackle a common frustration among job-seekers, particularly those applying to a job for the first time, and may help address gender pay inequalities. The prime minister emphasized that whether someone is a young person starting out or a parent trying to support a family, they should know what a job pays before spending time and effort applying for it, noting that the administration will make it a legal requirement for all employers to disclose pay details. Burnham added that while breaking down barriers is only one part of the job, businesses also need to open more doors and give young people the experience and confidence to take that first step into the world of work. The prime minister's push for firms follows statements from chancellor John Healey in the Autumn Budget regarding plans to address calls to introduce mandatory pay transparency in job adverts and tackle gender pay gaps at firms. Meanwhile, British businesses continue to face challenges over complicated European Union pay transparency laws after a delayed, fragmented rollout across the bloc. The EU pay transparency directive requires member states to mandate that companies disclose starting salaries and pay ranges in job listings, and some businesses must also report gender pay gaps to ensure equal pay for equal work between men and women across all 27 EU countries. Although the UK is not part of the EU and this directive does not apply directly, many British companies are multinational and employ staff across the continent, leading to compliance difficulties due to a patchy implementation process. Source: City AM #PayTransparency #BusinessNews #UKEconomy #LaborMarket #CityAM
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