Gender Pay Disclosure

Gender Pay Disclosure Accountants York Leeds

Gender Pay Disclosure

In February the introduction of the Equality Act 2010 (Gender Pay Gap information) became a reality. The Government published its response from a consultation and it includes the requirement for employers with over 250 staff to publically disclose gender pay gap data.

For employers the added complexity will be if a company has more than one pay cycle and calculations of data for part time workers.

Salary, bonuses, any commissions, share awards, maternity and car allowances are examples of what will need to be included in the data. The collation of this information will affect HR & payroll teams and will need resourcing carefully.

The reporting of this information has to be completed in the pay cycle of 30 April 2017. It will need to be converted into an hourly rate and then this must be compared by gender for the public reporting.

It will be crucial for employers and payroll teams to have their systems and processes in place to face the challenges ahead.

For advice on this subject please get in touch: – 01904 464 100