Eliminating the gender pay gap
Theresa May has urged small companies to publish gender pay data
in order to provide transparency and equality in the work place.
The New Statistics from the European Commission have highlighted that women effectively work two months a year for free. The UK’s gender pay gap increased from 19.7% in 2014 to 20.8% in 2015 – the largest increase among Europe’s main economies. The figures come amid reports that at least 10 senior women at the BBC are considering taking legal action against the broadcaster if talks about equal pay do not progress. One of the victims of unequal pay is Sarah Montague, a leading presenter of the BBC, who publicly revealed how she is paid 6 times less than her male counterparts. In the wake of the row with her employer, she has quit her role on the Radio 4 morning show.
In April 2018, companies employing more than 250 staff will be required to publish data on gender pay and bonuses. However, the Prime Minister has appealed for smaller business to take similar action by revealing their gender pay data.
Do you own a small business? In light of the gender pay gap scandal now is a perfect opportunity to promote equality within your organisation. Steps can be taken to disclose gender pay data to ensure all employees are satisfied that they are remunerated fairly. Such transparency can positively impact on employee performance in the workplace and can attract talented staff who seek an honest employer that reflects today’s standards of equality.
If you or your business would like employment law advice related to this blog, please contact firstname.lastname@example.org and for further guidance on equal pay within the workplace please click here.