Material World

Can companies be shamed into closing the pay gap? A new law in the U.K. requires companies with more than 250 employees to publicly disclose their gender pay gaps. More than 10,000 companies reported by the April deadline, revealing differences in median pay of as much as 60 percent in some extreme cases. Now it’s up to companies to decide what, if anything, to do about that. This week, Suzi Ring talks to one company that reported a wide gap, and how that’s changing the way it hires and pays women. Then, Claire Suddath tells us about a different pay gap law in Iceland, how that came to be and if it’s working.