We were excited to see that the UK Government has released 'Actions to close the gender pay gap', a toolkit of key ideas on how you can take on the pay gap and work to close it. The actions are things such as 'Include multiple women in shortlists for recruitment and promotions' and 'Introduce transparency to promotion, pay and reward processes', which are, in our view, some brilliant ideas for moving forward on the pay gap and for the wellbeing and retention of your staff as a whole.
However, we also wanted to draw your attention to the following statement in the toolkit:
"Employers who use high quality data to understand the drivers of their gender pay gap will be able to target their actions and therefore deliver the most effective results."Our VP, Sian Webb puts it as follows: "A blanket approach to closing the gender pay gap, whilst it has its benefits and reveals some of the important actions companies must take to improve workplaces across the board, misses the importance of tailored, appropriate approaches to the gap. It is, as the government toolkit mentions, important to understand your data before you start investing heavily in actions that are not appropriate or helpful to your employees, and which won't close the gap. Companies could potentially be wasting a lot of time and money, and having no impact whatsoever'.