Gender Pay reporting requirements for larger companies
We reported last year on the government’s goal of eliminating the gender pay gap within a generation: click here to read that post.
Under the Small Business Enterprise and Employment Act 2015 (the Act), employers of larger companies will soon have to report on the average earnings of its male and female employees. Those requirements will be brought into force under the new Equality Act 2010 (Gender Pay Gap Information) Regulations 2016 that will require companies with 250 or more employees operating in the private or voluntary sector to:
- report data on the differences in pay between men and women in their organisation;
- compile the first gender pay reports by 30th April 2017; and
- publish the contents of those reports by 2018.
Further reading can be found on the Equal Pay Portal: http://www.equalpayportal.co.ukSubscribe to our newsletter
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