Today's figures from the Office for National Statistics (ONS) show that the Gender Pay Gap (GPG) has reduced only slightly to 9.1% from 9.4%.
Chloe Chambraud, Interim Gender Equality Director at Business in the Community said:
"The time for talking is over; if we want men and women to have equal lives at work and at home, then now is the time to act".
"I want to see the gender pay gap close in my lifetime, but at the current rate of progress, it will take another 52 years to achieve pay parity.1 It is disappointing that the gender pay gap remains unchanged but I am hopeful that the reporting legislation will encourage business to make it a priority and take steps to address it. We are working hard with our member organisations on this issue to bring about transparency, accountability and change. Yet just calculating the pay gap will not suffice. Employers need to understand what factors are driving their pay gap and the groups of women who are most affected, such as women over 40 and ethnic minority women. There is no quick fix for the pay gap. If employers want to create truly inclusive workplaces, they will need to address the root causes of inequality, from reducing bias and increasing transparency in recruitment, appraisal and promotion processes to normalising agile working and offering financially viable parental leave packages for all parents. The time for talking is over; if we want men and women to have equal lives at work and at home, then now is the time to act".
Business in the Community has produced a series of toolkits that explain the final regulations for gender pay gap reporting. Employers from the private and voluntary sectors and some public bodies with more than 250 employees are required to publish gender pay gap information under Section 78 of the Equality Act 2010. The first toolkit in the series outlines what data to report, who the regulations apply to, how to calculate the data, and when and where it should be published. It also sets out the ways in which Business in the Community can support you through the reporting process, whichever stage you’re at.
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