Thursday, 30 June 2016

Flexible Working Anniversary Is your Organisation Ready for Mandatory Reporting

Today we’re celebrating the two-year anniversary of the right to request flexible working!

 

 

It was in June 2014 that it became a statutory right of all employees to request flexible working hours after 26 weeks of employment. To mark this occasion, and the celebrate the benefits for both employees and employers, we’ve attached a flexible working myth buster sheet with infographics for use on social media.

Please feel free to share this with your stakeholders

 

 

 

AAT – Investigated  the experiences of employees in the Finance sector.

The AAT highlighted  the Association of Accounting Technicians white paper ‘Making the Finance Sector add up for Women’ which was published in April. Its aim is to provide clear information about what’s holding back change in an otherwise fast-evolving sector. This investigation of the experiences of 2,000 finance employees suggests men and women experience the working world in finance very differently, especially in terms of pay and progression.
The key findings included:

•        Men are twice as bullish as women about salary expectations and are more likely to push for – and get – pay rises

•        Two thirds of men think men and women are treated equally in terms of pay and progression, compared to just four in 10 women

•        Young women working in the sector are twice as likely as young men to say they aren’t given the same progression opportunities as their male peers

•        Over a quarter of mothers (26%) say they have become stuck in a role they had outgrown because of family commitments in comparison to less than a fifth of fathers (18%)

•        The top three reasons people thought men were being offered better progression opportunities were: the persistent ‘old boys club’ mentality (cited by 42%), male-domination of the sector at senior levels (35%), and childcare responsibilities falling mostly to women (28%)
 
Valuing your Feedback Are you Ready for Mandatory Reporting
Lastly, to gain a better understanding of where you are currently with getting ready for the mandatory reporting in April 2017, it would be great if you could take the time to answer the three questions below:
 
Q1 Thinking: have you, or are you planning to calculate any of the following internally by/before April 2017? Please indicate all that apply:
 
•             Your organisation’s overall Gender Pay Gap (mean and median)
To note: the gender pay gap shows the difference between the average (mean or median) earnings of men and women expressed as a percentage of men’s earnings. This is not the same as equal pay which is a direct comparison of whether or not men and women are being paid equally for equal or equivalent work.
•             Your organisation’s overall gender bonus gap (mean and median)  
•             The proportion of men and women who receive bonuses
•             The percentage of men and women working at different pay quartiles
•             Other gender based metrics (please specify)
To note, this means dividing your workforce into four equal parts based on hourly pay rate taking the median 50th percentile first before determining the 25th and 75th percentile.
 
Q2. Acting: is your organisation already taking action to improve gender equality in the workplace? Please indicate all that apply:
 
•             Developing a planned approach to promoting and improving gender equality
•             Evaluating the impact of our action/programmes on gender equality
•             Changing our policy(ies) please specify
•             Other - please specify
 
Q3. Reporting: does your organisation already publish any information relating to gender equality in your workplace?
 
•             Yes, publish information internally
•             Yes, publish information externally (e.g. on your organisation’s website)
•             No, don't publish any information internally or externally
•             Publishing our gender pay gap and or other gender metrics ahead of April 2017
 

Here are the top myths on flexible working Please share

 

 

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