As part of moves to close the gender pay gap, the Government has announced that larger employers – those with more than 250 employees - will be forced to publish details of the bonus payments they make to male and female staff. This is expected to take effect in the first half of 2016.
As part of moves to close the gender pay gap, the Government has announced that larger employers – those with more than 250 employees - will be forced to publish details of the bonus payments they make to male and female staff. This is expected to take effect in the first half of 2016.
Other measures will include requiring the public, as well as the private and voluntary, sector to publish average pay details for male and female staff. The Government also wants to eliminate all-male boards in the FTSE 350.
Details of the rules on pay reporting will be published in new regulations. In the meantime, the provisions are being hailed by some as a start. The TUC General Secretary, Frances O’Grady, said, “Employers need to look at why women are still being paid less than men and do something meaningful about it.”
