Gender Pay Gap Reporting
What is Gender Pay Gap Reporting?
In 2016 the Government introduced mandatory pay gap reporting for all large employers. This means that all employers with more than 250 employees will be required to publish data, both on their own websites and a designated government website, showing the difference in pay between their male and female employees.
Do I need to comply with the Regulations?
Every year on 5th April, from 5th April 2017, you must undertake a ‘headcount’ of your employees. If you have more than 250 employees at that date you must comply with the Regulations and publish your ‘pay gap’ data for that year. If you are close to having 250 employees, the rules can be quite complicated so it is worth seeking advice.
What data do I need to publish?
Your mean gender pay gap
Your median gender pay gap
Your mean bonus gender pay gap
Your median bonus gender pay gap
Your proportion of males and females receiving a bonus payment
Your proportion of males and females in each quartile band
What else do I need to do?
You must also provide a written statement confirming the accuracy of the data published. This should be signed by someone senior within the organisation, for example the Chief Executive or Managing Director.
You also have the option to provide a narrative. This will help to explain the data, give your view as to why a pay gap is present (if at all) and allows you to explain what your organisation intends to do to tackle the problem.
When do I need to do this?
The relevant data should be ‘captured ’ on 5th April 2017. The data should ideally be published as soon as possible, however you have one year to publish the information and the latest deadline for doing so is 5th April 2018.
How can we help?
Here at Allan Janes, we understand that Gender Pay Gap Reporting is particularly daunting. We can assist you not only in understand the Regulations and the obligations upon you, but also in dealing with any issues you may have in terms of addressing your gender pay gap.
If you have any queries regarding Gender Pay Gap Reporting please contact Charlotte Braham on 01494 521 301.