This legislation builds on work from their Think, Act Report initiative, which was launched in 2011, and is part of the effort to combat workplace discrimination.
Now, companies in the public sector must publish a snapshot of employees' pay as of 31st March 2017 and private businesses along with charities must publish theirs as of 5th April 2017. The final deadline for companies to comply is April 2018.
What should be included in gender pay reporting?
All data must be published on your ‘public-facing’ website and must include the following:
These figures will then be collated and published on a government database.
If you have then established that you do have a gender pay gap in your organisation, you are encouraged to produce an action plan on how you expect to overcome this issue, alongside your figures.
If companies fail to comply by April 2018 they will then be contacted by the Equalities and Human Rights Commission.
For help and guidance on how to turn this into an opportunity to provide a greater level of transparency to all stakeholders, talk to a member of our team.