Government Equalities Office launches gender pay gap website as two new transparency requirements come into force
07 Apr, 2017
Two new transparency initiatives with reporting requirements outside the annual report are now in force.
Gender Pay Gap
From 2017 onwards, private and voluntary sector employers in Great Britain with more than 250 employees need to calculate and publish information on gender pay gaps within their organisation.
The Government Equalities Office has launched its campaign website. This provides a location for employers to access resources and case studies on gender pay gap. This will be the portal on which companies must publish their gender pay gap information. The campaign website can be found here.
The “snapshot” date on which companies and charities must measure pay data is 5 April. This means that the first disclosures are now required by 4 April 2018.
Our related Governance in brief publication is here. A final version of the non-statutory guidance by Acas and the Government Equalities Office (GEO) on the gender pay gap reporting requirement has been published and is available on the ACAS website.
Duty to report on payment practices and performance
The new duty to report on payment practices and performance comes into force for periods starting on or after 6 April 2017.
This will affect individual UK companies that meet the size criteria, with no group-wide reporting possible, and reporting is required within 30 days of the end of each six month period.
The Reporting on Payment Practices and Performance Regulations 2017 are available on the government website here. The Department for Business, Energy and Industrial Strategy (BEIS) guidance on business payment practices and performance reporting requirements is available here.
Our recent Governance in brief on the new duty to report on payment practices and performance is available here.