The EU recently adopted a directive to tackle the gender pay gap by introducing new bureaucratic obligations for employers. Similarly, the EU is pushing on other issues in the fight for gender equality, for example in the area of the low proportion of women in STEM (science, technology, engineering, and mathematics) subjects, which reaches 33%. Consequently, women make up the same proportion (33%) of employees in technical sectors.

gender pay gap

A new regulatory avalanche is rolling in on entrepreneurs. The Ministry of Labour is about to implement the EU Gender Pay Directive. This introduces new bureaucratic obligations for entrepreneurs. They will have to inform about the criteria they apply when setting wages in the company and define the pay procedure so that the employee knows what he or she has to do to get higher pay.

A new movement called degrowth is being mentioned more and more often in the media around the world. The aim of this movement is to address current environmental challenges by abandoning the ‘economic growth paradigm.’ However, life and humanity as we know it today exist only because of economic growth. We would not be dealing with the environment today without years, decades, and centuries of economic growth.