London EC4A 3TW
Since April 2017 businesses with 250 employees or more have been required to report on their gender pay gap. The gender pay gap is the difference between the average earnings of men and women, expressed relative to men’s earnings. For example, ‘women earn 15% less than men per hour’.
Reporting on any gender pay gap requires identifying the correct pay data from which to calculate gender pay gaps in mean pay, median pay, bonus pay and correctly identify and report on quartile bands within the organisation.
Employers must both:
The first report must be published by 4 April 2018, based on the pay figures from a 5 April 2017 snapshot date.
Taylor Wessing has combined forces with accounting firm Blick Rothenberg to provide a one stop service to efficiently help companies comply with the Gender Pay Regulations.
By identifying, gathering, handling and analysing the pay data we can work with you to report on and publish your gender pay gap report. Where relevant we may identify and advise on additional contextual information to assist interpreting an organisation’s gender pay gap.
Taylor Wessing and Blick Rothenberg can work with you to identify, within your corporate group structure, the: