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Trump, by contrast, has rolled back Obama-era fair pay regulations but has otherwise not made the issue a focus of his presidency.
The government of South Africa proposed labor law changes that are intended to encourage expansion and investment by companies that have complained that the country's employment and pay regulations stifle business growth.
U.S. Senate Finance Committee Chairman Max Baucus (D-Mont). acknowledged earlier this week that the pay regulations in the bailout bill fell short of what he thought was necessary.
Several middle income countries are considering reforms to their severance pay regulations to both increase flexibility for firms and better protect workers.
Ye et al. (2015) found that compliance in China is quite high (only 3.5% of full-time workers earn less than the legal monthly minimum wage), but they found evidence for substantial non-compliance with overtime pay regulations (29% of the employees who work overtime are not paid any additional wage, and 70% are paid less than the legally required 1.5 times the regular wage).
Equal pay regulations have been on the books in California since 1959, but pay disparity still persists.
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We provide a normative foundation for such pay regulation, analyze how regulators should monitor and regulate bankers' pay, and show how pay regulation can complement and reinforce the traditional forms of financial regulation.
And while the Fair Pay Act has been described as the strongest equal pay regulation in America, it's 2015, for Pete's sake!
In the second part of this monograph, we explain the origins and the cross-country differences in Say on Pay regulation and provide a detailed summary and evaluation of the empirical evidence on the subject.
Thus equal gender pay regulation, not voluntarist approaches, remain essential and should be protected and strengthened, not diluted.
Polly Toynbee is co-author of Unjust Rewards, a book about inequality, and Kate Andrews is an expert on pay regulation at the Institute of Economic Affairs.
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