Gender pay gap top global concern
Concerns relating to gender pay gaps continue to be topical around the world. On wage equality, the World Economic Forum's data ranks South Africa as 86th globally. Johan Botes, Partner at Baker & McKenzie joins CNBC Africa for more.
Thu, 24 Nov 2016 07:43:54 GMT
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AI Generated Summary
- Despite legislative frameworks in place, the gender pay gap in South Africa remains a significant issue, with the country ranking 86th globally for wage equality.
- Corporations that prioritize gender equality and review their policies to eliminate biases are more successful in attracting and retaining female talent.
- The discussion around the proposed minimum wage in South Africa highlights the need to consider gender disparities in income and ensure fair compensation for all workers.
The topic of gender pay gaps continues to be a pressing issue globally, with South Africa ranking 86th in the world for wage equality according to the World Economic Forum's data. The country's position on this matter highlights a concerning situation that needs urgent attention. In a recent interview with Johan Botes, a partner at Baker and McKenzie, the discussion delved into the dilemma within the context of the proposed minimum wage, shedding light on the challenges and potential solutions at hand. Botes emphasized the need for more significant progress in closing the gender pay gap, despite existing legislative frameworks in place to address this issue. He pointed out that the Employment Equity Act in South Africa prohibits discrimination in the workplace based on gender, yet disparities persist in terms of wages between men and women. Botes urged employers to review their policies and practices to identify and rectify any discrepancies in pay that may exist between genders. While there has been some improvement in corporate practices focusing on gender equality, there is still much work to be done to ensure equal treatment of women in the workforce. Corporations that prioritize gender equality and actively work towards eliminating unconscious biases in their processes are more successful in attracting and retaining female talent. Botes highlighted the importance of addressing subtle forms of discrimination that may discourage women from advancing in their careers or accessing higher-paying jobs. The conversation also touched upon the proposed minimum wage in South Africa and its potential impact on gender disparities in income. Botes discussed the idea of adjusting the minimum wage based on industry considerations, with a particular focus on single-parent households led by women. He acknowledged the complexities of setting a minimum wage that balances addressing poverty and unemployment while also promoting fair compensation for workers. While the proposed minimum wage is a step in the right direction, Botes expressed concerns about the provisions for certain sectors, such as domestic workers, where women are predominant. He noted that offering a reduced minimum wage for these sectors could perpetuate gender inequality and called for a more comprehensive approach to ensure that vulnerable groups, including domestic workers, receive fair compensation. The gender pay gap remains a significant challenge in South Africa, and addressing this issue requires a concerted effort from both the public and private sectors. By implementing measures to promote gender equality in the workplace and reviewing policies to eliminate biases, companies can contribute to closing the wage gap between men and women. Additionally, policymakers need to consider the implications of the minimum wage on gender disparities and work towards a more inclusive and equitable system that benefits all workers, regardless of gender.