The gender pay gap is the percentage difference, on average, between the hourly rate of pay for men as compared to women. There is some dispute over what the current gap is in the UK with figures ranging from 9.4% to 24% depending on whose statistics you use. This is despite the Equal Pay Act being on the statute book since 1970!
As one measure to try to address the gender pay gap in the UK, the government will be requiring employers to publish various statistics in relation to their gender pay gap.
In this month’s edition of TLT Reward, Resource, Retain we’ve set out what you should be doing in readiness for the reporting requirements.
This publication is intended for general guidance and represents our understanding of the relevant law and practice as at October 2016. Specific advice should be sought for specific cases. For more information see our terms & conditions.