gender pay gap

Larger Businesses Must Now Publish Gender Pay Gap Figures

Larger Businesses Must Now Publish Gender Pay Gap Figures

UK businesses with more than 250 staff must now publish how much they pay their male and female workers, as new government legislation comes into effect. Its estimated that gender pay gap reporting will affect 9,000 employers with over 15 million employees – with relevant firms required to submit all data by April 2019. As part of the new regulations, employers will be required to: Publish their median gender pay gap figures Publish their mean gender pay gap figures Publish the proportion of men and women in each quartile of the pay structure Publish the gender pay gaps for any bonuses paid out during the year It’s hoped that such transparency into how companies pay their male and female workers will help end the gender pay gap – which currently stands at 18.1%. Justine Greening, minister ... »

Important Legal Dates For Small Businesses: 2017

Important Legal Dates For Small Businesses: 2017

Every year brings both new and exciting challenges for business owners, so it’s important to look to the future and arm yourself with the knowledge you need to keep your business competitive. Below are the key dates for upcoming employment law and more general legal changes that every small business owner should know about. Spring 2017 31 March – Article 50 This is the last day in the government’s self-imposed target that Article 50 is expected to be triggered, although it could happen before or after this date. The effect Brexit will have on employment law changes remains unclear. Theresa May reiterated her claim that workers’ rights will remain fully protected when revealing her 12 point Brexit plan, but further details are yet to be revealed. One positive – at least in the short term – ... »

Details For Gender Pay Gap Reporting Revealed

Details For Gender Pay Gap Reporting Revealed

The government has released a set guidelines related to its gender pay gap legislation, which will be implemented in April 2018. Under the legislation, employers of more than 250 staff will be required by law to publish data relating to how they pay their male and female workers. Just last Saturday, further details of upcoming changes were announced and it’s now revealed that large business owners will have to publish the: Gender pay gap (mean and median averages) Gender bonus gap (mean and median averages) Proportion of men and women receiving bonuses Proportion of men and women in each quartile of the organisation’s pay structure Just last November, a report released to coincide with Equal Pay Day revealed that UK female employees are paid, on average, 13.9% less than their male counterp... »