Would you share your pay information?
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A range of pressures are forcing companies to consider being more open about pay structures, levels and gaps. What are the risks and potential benefits of being more transparent?
The poor continue to be drowned out by a global minority enjoying elite status.
EPA/ALEX HOFFORD
Inequality is decried at campaign rallies and in the global commentariat. But little is being done at any policy level.
A Turkana woman buys food from a refugee woman in Kakuma camp in north western Kenya.
Refugee Studies Centre
Refugee policy may well be a humanitarian issue. But it is also a development issue.
The global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people struggle to survive on low wages, according to an Oxfam report.
EPA/Mast Irham
The rich have to be taxed more and the poor need to be paid more, according to Oxfam International head of inequality policy Max Lawson.
Prince Edward Island ranks first in Canada’s Early Childhood Report 2017; Nunavut scores lowest, devoting only 0.9 per cent of its budget to early childhood education.
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Schools across Canada should ‘grow down’ and offer two years of full-day preschool, according to a new report. This would allow mothers to work, improve child outcomes and reduce income inequality.
The tech sector has long had a diversity problem.
AP Photo/Elaine Thompson
Amazon, like the entire tech sector, has suffered from a lack of diversity in its workforce. This trend is likely to continue when it opens a second headquarters in one of 20 cities.
Got a spare $250 million? If you’re among the 0.1 percent, you probably do.
Bruce Makowsky
Income inequality, the most common way to measure the gap between the rich and the poor, only tells part of the story. Wealth inequality tells the rest.
Marine One arrives in the Alps.
AP Photo/Evan Vucci
The Conversation scholars analyze a few of the key themes and speeches that punctuated the three-day gathering of global elites in the Alps.
Jeff Bezos is now the richest person in the world.
Reed Saxon/AP Photo
There are about 2,000 billionaires in the world, controlling over $7.6 trillion. How does that compare to the income of an average American?
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
EPA
Iran’s main opposition is loath to embrace a new wave of protesters. It may soon have no choice.
The incidence of poverty among people over 65 is decreasing in part because of increased labour force participation.
Col Ford and Natasha de Vere/Flickr
There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
A Democratic aide carries a chart past the Senate chamber.
AP Photo/J. Scott Applewhite
While much has been written about why the GOP’s tax plan would exacerbate income inequality, there are two reasons it’s even worse than you think.
Trump’s tax plan will cost trillions.
AP Photo/Pavel Golovkin
President Trump released details of his tax plan, which would essentially benefit the wealthiest Americans by repealing the estate tax and other changes at the expense of the middle class.
The number of Australians with no savings has increased.
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Despite decades of economic growth and recent declines in income inequality, Australians are less financially resilient.
A decline in incomes for the top 20% has caused inequality to fall slightly.
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The latest data from the Australian Bureau of Statistics shows inequality declining slightly as overall incomes stagnate.
An increase in the Newstart Allowance of well in excess of $50 a week is urgently needed.
AAP/Joel Carrett
The minimum wage may be adequate for some low-paid workers – but this is clearly not the case for the woefully inadequate Newstart Allowance.
Perceptions of the levels of both income and wealth inequality are derived from our day-to-day experiences.
AAP/Dean Lewins
If the gap between the wealth of the billionaires and that of the average residents continues to widen dramatically, there is likely to be discontent.
Having only a few people with most of the wealth, motivates others. This theory is actually wrong according to research.
Aakkosia sosialistien lapsille (1912)/Flickr
Inequality actually restricts people from earning more, educating themselves and becoming entrepreneurs.
Wealth in Australia is much more unequally distributed than income.
AAP Image/Mick Tsikas
The two major sources of data show conflicting trends on income inequality.