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27/02/2017
The government has published draft Regulations for consultation that will introduce mandatory gender pay gap reporting for large employers. The new Regulations will apply to private and voluntary sector employers in England, Wales and Scotland with at least 250 employees. There will be no additional civil penalties in the Regulations, but the government intends ‘closely monitoring levels of compliance with the regulations during the initial years of implementation’.
Employers will be required to publish both mean and median gender pay gaps every April from 2017 and, in order to produce figures unaffected by hours worked, employers will need to calculate an hourly pay rate for each relevant employee. Organisations will also have to publish the difference between the mean bonus payments paid to men and women and to show the proportion of male and female employees receiving a bonus in the reference period.
Here is a selection of responses to the announcement by Women and Equalities Minister Nicky Morgan on the publication of gender pay gap league tables . . .
> British Chambers of Commerce