Gender Pay Reporting
This year the government will require all employers to produce reporting on the status of employees pay in all organisations over 250 employees.
The Equalities Act in 2010 includes a power to introduce regulations requiring employers to publish information for the purpose of showing whether there is a difference in pay between male and female employees. The power was not used at the time, instead, since 2011 the government has encouraged businesses to report this information voluntarily. The department now proposes to require the following figures annually as mandatory.
- Mean and median gender pay gaps
- Mean and median gender bonus gaps
- The number of men and women in each quartile of the company’s pay distribution.
Strictly Education can help you with this reporting, a separate bulletin will be sent out shortly regarding this so please keep a look out for this.
For further information please get in touch with a member of the team directly on 0330 123 2540.