Closing the Gender Pay Gap in your Business

On April 6th this year, employers with 250 or more employees were obliged for the first time to publish gender pay gap information for all “full pay relevant employees” as at the snapshot date of 5th April 2017.

This information included the:

• difference in mean and median hourly pay for men and women expressed as a percentage;
• difference in mean and median bonus pay for men and women over a period of 12 months, expressed as a percentage;
• proportion of male and female employees who received bonus pay during the previous 12-month period; and
• proportion of male and female employees in each quartile pay band.

Employers were permitted to produce a written statement to accompany their gender pay information, which many used to explain the reasons for any pay gap and/or what steps they were taking to address it.

Read more on this article here