Many companies support a new law aimed at making salaries more transparent, but they are worried about the extra paperwork it will create. Under the proposed rules, workers will get a clearer view of gender pay gaps at their firms from 2027. Additionally, any business with more than 100 employees will have to publish regular reports on wage differences.
While businesses agree with the goals of the law, several have raised practical concerns. Accounting firm PwC pointed out that raw numbers do not tell the whole story, as some pay differences can be justified by experience or specific roles. Electric vehicle firm Fastned welcomed the transparency but warned that the reporting process must stay simple to avoid wasting corporate time on complicated red tape.
Privacy is another major worry for employers. KPMG highlighted the need to protect personal data, warning that the current proposal does not completely stop staff from figuring out the exact salaries of their close colleagues. Supermarkets and airlines have also urged the government to minimize the regulatory pressure on businesses.
Some companies are already tracking these figures and note that the real challenge is structural. For example, insurer NN Group found that men and women get equal pay for the same work, but fewer women hold senior, higher-paying roles. Other major employers have confirmed they support closing the gender pay gap and will fully comply with the new rules.
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