MK Chava Eta Atia (Likud) has proposed a law that would require any company that employs 518 employees or more to publicize an annual report detailing the differences between salaries of male and female employees.
Every year the employer will have to tell each employee the relevant information of salary differences for his or her sector and department and field of employees. That is in addition to publicizing the information.
The proposal has passed the initial vote and has now passed the vote in committee and will be prepared for further and final readings.source: Srugim
518 is an awfully specific number. I wonder where they got that from. My assumption would be how the size of a company is categorized, with 518 employees being the measure for a large company. Even if that assumption is correct, I still wonder how 518 became that number.
This law, if it passes, will likely create pressure for companies to bring down the gender pay gap and even things out, so it is a good thing.
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