Gapsquare Blog

Closing the pay gap is not improbable - Avoid this mistake in reporting gender pay gap

Posted by Sian Webb on 14-Dec-2017 15:17:19

The new gender pay gap regulations provide an opportunity for change, are companies seizing them the right way?

Last week, the Financial Times reported that “1 in 20 companies who have submitted their gender pay gap data to the government have reported numbers that are statistically improbable and therefore almost certainly inaccurate.” One of these companies is fashion brand, Hugo Boss (who have since changed their numbers and now reporting a 32.6% mean and 76.5% median gender pay gap), a MacDonald’s franchise, an international car-parts manufacturer and a branch of national charity Age UK.

In some cases, the reports were most likely due to error, in fewer still probably because of plan to deceit, but mostly this happened because of misunderstanding of what the gender pay gap is.

 

Want to hear more about general UK trends in the gender pay gap? Click below:

Click here to access UK Gender Pay Gap Trends

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Tags: gender pay gap, gender pay gap reporting, gender pay accountability, gender pay gap regulations,

Telling the Story of Your Gender Pay Gap and Bonus Pay Gap

Posted by Hazel Lush on 30-Oct-2017 15:25:23

In the wake of the BBC and Financial Times’ publication of pay data, companies are approaching gender pay reporting requirements with trepidation. The worry is that the reasons behind pay gap data will be lost once statistics are revealed. But it doesn’t need to be that way. As the team at Gapsquare - experts in analysing the gender pay gap - argue, publishing data can be an opportunity to foster deeper understanding among your teams around the pay gap and an opportunity to show how your business moves forward on equality issues. In short, publicising pay gap data can be an exercise in showing how your company responds to greater understanding of its structure.

 

Need support? Why not watch Gapsquare's free webinar on communicating the gender pay gap:

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It is interesting to note that bonus pay gaps are particularly stark, TSB Bank, Virgin Money and Fujitsu Services are all hovering around a 50% pay gap in bonus pay. These companies benefit hugely from a clear narrative around their data. An example can be drawn from Virgin Money, whose response to the data was to set out the causes of the pay gap and outline their mission going forward

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Tags: gender pay gap reporting, pay gap reporting

LESSONS LEARNT? Reflections on the BBC pay gap dilemma

Posted by Sian Webb on 24-Jul-2017 18:00:00

The last five days must have been somewhat of a headache for Tony Hall, BBC Director-General. First, the damning list of salaries that showed that lack of female high earners and gender pay disparity, followed by some of the BBC’s most high-profile female personalities writing a frank open letter calling him to “act now” to tackle the gender pay gap, rather than waiting until 2020 for it to be eliminated. It has certainly made headline news and spread to extensive conversations from within the BBC, the general workplace, to the pub with friends on the weekend.

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Tags: women in business, gender pay gap, business, pay gap, gender pay gap reporting, politics

DRAFT REGULATIONS ON GENDER PAY GAP REPORTING

Posted by Zara Nanu on 16-Feb-2016 11:11:00

Last week, the UK Government announced a consultation on draft regulations for Mandatory Gender Pay Gap Reporting . The consultation is open until the 11th of March and invites feed-back from employers, business organisations, the voluntary and charity sector, women’s civil society organisation, HR practitioners, trade unions, employment lawyers and think tanks.

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Tags: regulations, gender pay gap, gender pay gap reporting, uk

GENDER PAY GAP IN CHARITY SECTOR

Posted by Zara Nanu on 26-Nov-2015 11:04:00

Recent research claims that the gender pay gap in the charity sector is higher than the private sector.

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Tags: diversity, equality, gender pay gap, gender pay gap reporting, charity