Today marks the beginning of the one year gender pay gap reporting countdown for every employer with 250 or more employees.
Within the next 12 months, each of these employers will have to wrestle with the Government’s new complex regulations, get to grips with the various calculations, and finally publish details of their gender pay gaps on both their own websites and a specially designated Government website. For many, there will be nervousness in relation to how competitors are managing the process, how they will fare in comparison, and when to ‘push the button’ to make the results publically available. Many employers will already have done a dry run of the calculations or otherwise have an informed idea of their existing pay gap. 4 April 2018 is the latest date on which the information can be formally published.
We have designed a quick 30 second survey to capture current information on median* gender pay gaps by sector. We would be really grateful if you would take the time to complete the survey on a completely anonymous basis. We will publish any representative information in due course on our Be Aware website, with the aim of assisting employers to understand how they compare in their sector marketplace.
If you would like to speak to one of our experts on gender pay gap reporting, or would like a copy of our Snapshot publication on the new obligations, please email Clare Gregory or Kate Hodgkiss.
*regarded by the ONS as being most representative of the pay gap as it is less affected by numbers at the extreme ends of the spectrum