Employers have 12 months to publish six key calculations, including mean and
median gender pay gap figures, the proportion of men and women in each quarter of their pay structure, and details of bonus pay gaps, with the information required to be posted on both their own websites and a government site.
British Cycling is working hard to close the gender pay gap and improve working conditions for its employees, says British Cycling chair Frank Slevin as the governing body publishes
its gender pay gap figures for the first time.
JEREMY Corbyn's biggest union donor Unite pay female staff 30 per cent less than men,
gender pay gap figures have revealed.
They will point to
the gender pay gap figures and suggest institutional sexism.
Problem areas include the correct handling of salary sacrifice schemes; accounting for employees who do not have regular weekly working hours; and confusion regarding the handling of bonus payments as part of
the gender pay gap figures.
The fact that someone senior has to put their name to
the gender pay gap figures, publicly, will give it the much needed attention that it deserves.
But while
the gender pay gap figures do offer some new insight into the make - up of the UK's largest law firms, does the data really tell us anything of value?
Norton Rose Fulbright has released
its gender pay gap figures, and is the first big City firm to include its partners.
Pinsent Masons has restated
its gender pay gap figures to include partner data and called on fellow law firms to work together to develop a common approach to pay disclosures next year, in a bid to address the lack of gender parity in the profession.
In an attempt to kick - start a more transparent reporting process, Clifford Chance (CC) has opted to include the total earnings of its London partnership in
its gender pay gap figures, revealing a 66 % disparity.
Berwin Leighton Paisner (BLP) has filed
its gender pay gap figures, with the report revealing that just 11.5 % of its female UK employees received a bonus for the year to April 2017.
Slaughter and May and Ashurst have become the latest firms to file
their gender pay gap figures, with Slaughters» report revealing that its female associates receive higher salaries and more bonus pay than their male counterparts.
As of 8th December 2017 only 322 organisations have published
their gender pay gap figures.
Last month, the UK government enacted a new regulation, whereby thousands of employers across the country will have to calculate and publish
their gender pay gap figures by April 2018.