In light of recent research evaluate the extent to which a willy Essay

In light of recent research evaluate the extent to which a willy employer can evade the provisions of the Equal Pay Act 1970. What proposals for reform can be m - Essay Example In accordance with a report published by the University of Oxford â€Å"under this Act, every employment contract is deemed to include an equality clause which guarantees both sexes the same money for doing the same or broadly similar work, or work rated as equivalent by a job evaluation study; such a clause operates unless an employer can prove that pay variation between the sexes is reasonable and genuinely due to a material difference between their cases†2. In other words, all employment contracts should include provisions for equal pay regarding the work of equal value. However, in many cases the provision of equal payment is not possible because there are certain factors (like the duties of the man involved) that have been encountered in order for the increase to the salary to be decided. Another issue is the fact that discrimination in payment is often non visible or easily identified because it can refer to the provision of other benefits (like free accommodation and so on) that are analyzed extensively below. 1(1) â€Å"If the terms of a contract under which a woman is employed at an establishment in Great Britain do not include (directly or by reference to a collective agreement or otherwise) an equality clause they shall be deemed to include one†3 In other words, all employment contracts in Britain should include a clause related with equal payment. In terms that such a term is not included in the employment contracts, then employers can be ‘obliged’ to add such a clause within these contracts. In order to understand the role of Equal Pay Act 1970, it is necessary to refer primarily to the term ‘pay’ as included in the above Act. In accordance with a definition given by the Equal Opportunities Commission (2007) the term ‘pay’ can be refer not only to salaries and wages but also to the following benefits: â€Å"a) holiday pay/leave entitlements; b) profit related pay; c) profit sharing; d) contractual bonuses e) share options; f) subsidised

Quantitative Method in Economics Assignment Example | Topics and Well Written Essays - 750 words

Quantitative Method in Economics - Assignment Example This is the rate which the government has to charge firms involved in polluting the environment to compensate for the impacts of their operations to the environment. 16. The total tax revenue collected will be arrived at by taking the product of this tax rate and the estimated units likely to be produced. Assuming the units produced are Q*; the tax revenue will be 3.3698Q*. 18. Price elasticity of demand is the change in price relative to demand and it is a measure of the degree or extent at which price changes relative to the demand. It is worked out as the Change in demand divided by Change in price; 20. Depending on how elastic demand is will dictate the potion for the producers and that for the consumers. With inelastic demand as witnessed in our case, the producer will bear a smaller weight of the tax as compared with the consumers who will feel a greater pinch of the