Welcome to Finance & Fury, the Furious Friday edition.
Today’s episode is all about the drive to equality.
A recent proposal by the Labour Government is to force equality through gender, and forcing companies to publicly disclose pay gaps between men and women.
Why is this happening?
The Wage Gap currently sits at about 15% or so, but this depends on how you interpret the numbers
The practicality of it
Will it actually change anything? Will it help close the wage gap?
Why does the gap exist?
Let’s look at Industry Sectors and earnings
Breakdown - Occupation and industry have different averages
The issue with politics today – politicians go for the easy vote – it’s a game
Sweden is one of the most ‘equal’ countries and you see more woman going into non-tech related fields because it comes back to individual choices.
I encourage you, especially if you’re a female, don’t focus on the so-called “Gender Pay Gap”, “there’s no hope” etc. etc. …and instead focus on trying to improve yourself, increase your demand and try to get the best for yourself without buying into social engineering. We all have equal opportunity (there’s actually more women than men at university now)
Regardless of your gender – make sure you tune in to Monday’s episode 😊