Gender pay gap reporting
Since 6 April 2017 employers in Britain with more than 250 staff are now required by law to publish figures annually on their own website and on a government website to show their gender pay gap – the difference in pay between the men and women they employ.
What does my business need to consider?
- You must comply with the regulations for any year where you have a ‘headcount’ of 250 or more employees on 5 April, but employers of all sizes should consider the advantages.
- A wider definition of who counts as an employee is used here (from the Equality Act 2010). This means that workers are included, as well as some self-employed people. Agency workers are included, but counted by the agency providing them.
- Gender pay reporting is a different requirement to carrying out an equal pay audit.
- There are six calculations to carry out, and the results must be published on your website and a government website within 12 months. Where applicable, they must be confirmed by an appropriate person, such as your chief executive.
- You have the option to provide a narrative with their calculations. This should generally explain the reasons for the results and give details about actions you are taking to reduce or eliminate the gender pay gap.
What are the calculations?
You must publish six calculations showing your:
- Average gender pay gap as a mean average
- Average gender pay gap as a median average
- Average bonus gender pay gap as a mean average
- Average bonus gender pay gap as a median average
- Proportion of males receiving a bonus payment and proportion of females receiving a bonus payment
- Proportion of males and females when divided into four groups ordered from lowest to highest pay.
How we can help
We can provide all the audit, data analysis and legal advice support that you will need for this process.
- Run the numbers for the pay and benefits for all of your workforce
- Provide a detailed equal pay report
- Identify any gender pay gap and highlight any areas of high risk
- Advise you on the legal risks and how to deal with them
Why choose us?
- Unlike HR Consultants and accountancy firms, our report will be protected by legal privilege. This means you can’t be forced to disclose it during any legal claim. That could be a critical advantage.
- It will provide you with the highest possible quality of report, covering all the pay, HR and legal angles.
- Our fixed prices are transparent and guaranteed, taking account of the size of your business.
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