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Circle2Success HR Focus Group - Gender Pay Gap
Fri, October 21, 2016, 8:30 AM – 11:00 AM BST
Please join us on Friday 21st October to discuss the imminent Gender Pay Gap reporting duty
The new Gender Pay Gap reporting duty will soon be upon us. From April 2017 all organisations in England (public, private and voluntary) with 250 or more workers will have to publish their gender pay gap data. While the reporting obligation will only apply to these larger employers initially, it is likely that smaller employers will be covered by the legislation too in future years.
The pay data needs to be based on your April 2017 pay roll, but there’s no time to waste because in the meantime every affected employer should be assessing their gender pay gap and deciding what action to take.
The key dates for reporting are:
5 April 2017: Take a snapshot of your pay data this month, covering everyone working for you on 5 April. Calculate your mean and median gender pay gaps, your average bonus gap and plot your pay for men and women over 4 quartiles.
4 April 2018: By this date, at the very latest, publish your organisation’s gender pay gap data on your website by 4 April 2018 and also upload it onto the Government’s reporting website. You must publish your pay gap data n a publicly accessible manner and must include a signed statement that the information is accurate. The data must remain on your website for at least three years.
But arguably now is also a key date, since you don’t want to be surprised by finding you have a poor gender pay gap in April. Right now you should be auditing your pay to ascertain your gender pay gap, assessing any equal pay risks that you find and forming a plan for how to close your pay gap, tackle any equal pay risk areas and decide on what your PR and internal communications strategies will be once your pay gap is reported.
The session will be led by Mia Thursby-Pelham and Joseph Coyle from PwC and Luke Menzies from Menzies Law. PwC have been voluntarily reporting their Gender Pay Gap figures, so they are ahead of the game as an employer, as well as advising their clients on how to comply, Mia and Joseph will look at 2 sides of the gender reporting coin. Luke Menzies is currently spending a lot of his time providing clients with equal pay audits, advising them on both their Gender Pay Gap reporting duties in general and how to tackle their equal pay legal risks in particular.
The session will cover:
- Overview of the Gender Pay Gap legislation
- The difference between Gender Pay Gap and Equal Pay
- How to get accurate and robust information
- What to do with the information when you have it
- How to address the risk of the information being in the public domain
- How you might address any anomalies
- What are people doing already – open forum discussion
With thanks to Securistyle Ltd - part of Assa Abloy UK - the global leader in door opening and security solutions for hosting the event.