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Companies race to meet gender pay gap deadline

Companies race to meet gender pay gap deadline
From BBC - April 3, 2018

Hundreds of UK businesses still need to submit their gender pay figures ahead of Wednesday's midnight deadline.

Some 8,330 companies had already done so as of 16:00 BST on Tuesday. BBC research found 850 had only published data on that day.

About 9,000 firms with more than 250 staff must state the average difference between male and female employees.

Of those that have already published, 78% pay men more than women, while 13% pay women more.

Just 8% said they had no gender pay gap at all, based on the median measure.

Some have criticised the exercise, which also applies to charities and public sector bodies, as a crude mechanism open to misinterpretation.

Want to find out the gender pay gap at your company? Try the calculator below.

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However, gender equality campaigning charity the Fawcett Society says it represents an opportunity for employees to talk about pay and find out what their colleagues earn.

Sam Smethers, the society's chief executive, said gender pay gap reporting is a game changer in terms of workplace culture and practices.

"Finally women are realising that they have a right to talk about pay and they cannot be silenced," he said.

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