Around 900 businesses with more than 250 employees will be asked to report their gender pay gaps in the proposed legislation, Tinetti said in a statement. The requirement will eventually be extended over four years to cover companies that employ more than 100 workers, encompassing around 2,700 firms, she added. Requiring companies to publish their gender pay gap will encourage them to address the drivers of those gaps and increase transparency for workers,” she said. New Zealand has made progress in its public service sector, with women holding more than half of top tier senior management roles and the gender pay gap has shrunk to a record-low of 7.7%. In the private sector, around 200 companies including Air New Zealand and Spark voluntarily report or plan to report their gender pay gap, according to Tinetti.

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Persons: Women Jan Tinetti, Tinetti, Spark, Priyanca Radhakrishnan, “ We’ve, ” Radhakrishnan, Jacinda Ardern, Chris Hipkins Organizations: CNN, New, Women, Labour, Organisation for Economic Co, Development, Air New, Zealand, Workplace Relations, Party Locations: New Zealand, Air New Zealand, Australia, Canada, United Kingdom, Pacific