Gender Pay Gap Consultation

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Gender pay gap consultation

Do you have at least 250 employees? If so, you need to be aware that regulations are being developed that will require you to report on any pay differences between men and women in your organisation.

Many employers are already taking action to close the gap and a number already publish gender pay gap information. This has clear benefits for business, helping attract, develop and retain talented women.

The government is currently seeking views on how the new mandatory gender pay reporting should work in practice, including:

•      What should be reported;

•      Frequency of reporting;

•      Measures the government can take to support business implement the new regulations; and  Wider measures that could help close the gender pay gap. 

Do please take a look at the consultation to find out more and share your thoughts: www.gov.uk/government/consultations/closing-the-gender-pay-gap The consultation is open until 6 September.

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The gender pay gap is the difference between the average salaries of men and women, measured by looking at hourly rates. It’s currently 19.1% in the UK; the lowest it’s ever been – but there is still more to do. 

Many employers are already taking action to close the gap and some already publish gender pay gap information. This has clear benefits for business, helping attract, develop and retain talented women. The government believes that publishing gender pay differences will help to identify remaining gaps and enable businesses to take further action to reduce differences.

The regulations will implement part of the Equalities Act 2010 (section 78). The detail of the regulations are still to be agreed – including what should be published, how often and what support businesses would value from government. This will be decided after the consultation so it’s important to get involved and have your say.

To find out more and to take part in the consultation, visit: www.gov.uk/government/consultations/closing-the-gender-pay-gap