Gapsquare Blog

Why Hiring Senior Women Will Not Close The Gender Pay Gap

Posted by Michelle Gyimah on Jan 15, 2019 10:14:00 AM

Gender pay gap reporting has come a long way since its inception as a voluntary measure buried in the Equality Act 2010. Today it is big news as employers with 250+ employees must publicly report their figure.

Gapsquare provide an amazing service to not only make this easy for employers to do but also make their data collection much more meaningful. This is why Equality Pays works closely with Gapsquare to ensure that employers are able to measure their pay gaps with accuracy and interpret the data easily.

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I'm Michelle Gyimah, Director at Equality Pays a gender pay gap consultancy and I've been busy reviewing a number of gender pay gap reports. A large proportion of firms have stated that simply hiring more women at senior level is their plan to close their pay gap. With no more detail on why or how.

However this approach is not sustainable or effective for three reasons:

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Tags: gender pay gap, reporting, pay gap reporting, 2019

PUBLIC SECTOR TO LEAD ON THE GENDER PAY GAP

Posted by Zara Nanu on Mar 18, 2017 11:25:00 AM

Last week, Secretary of State for Education and Minister for Women and Equalities Justine Greening signed public-sector ‪#GenderPayGap regulations into law. Public-sector bodies will now have to calculate their gender pay gap figures and published them with a written statement on the organisation’s website.

 

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Tags: public sector, reporting

HOW YOUR LAW FIRM WILL LEAD ON CLOSING THE GENDER PAY GAP

Posted by Zara Nanu on Feb 15, 2017 11:20:00 AM

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For law firms across the country, the 2017 gender pay gap regulations represent an opportunity.  As the deadline for the analysis of the Gender Pay Gap and Bonus Gap for the The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 grows closer, the urgency for legal firms is both in demonstrating positive action within their own organisations and in providing clients with necessary legal support and practical guidance for compliance. It’s high time to assume the mantle as leaders in ending the pay gap, and inspire those you work with to do the same.

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Tags: legal, equality, regulations, gapsquare, business, uk, gender, reporting

SHOW ME THE GENDER PAY GAP

Posted by Zara Nanu on May 4, 2016 11:16:00 AM

This time next year, over 7,960 HR managers and senior executives in the UK will be looking at the April pay data like they’ve never done before. They will be looking through a gender equality lens, grasping the gender pay gap percentage and analysing how it impacts their company.

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Tags: women in business, equality, gender pay gap, uk, reporting

ERADICATING THE GENDER PAY GAP

Posted by Zara Nanu on Dec 8, 2015 11:08:00 AM

As 2016 is fast approaching, so is the government’s major step to tackle the gender gap. In the new year, every company with more than 250 employees will have to publish the difference between the average pay of their male and female employees. Here is what the Prime Minister has to say about it. 

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Tags: women in business, diversity, equality, gender pay gap, uk, reporting

Using data to improve financial performance and close gender pay gap

Posted by Zara Nanu on Dec 1, 2015 11:06:00 AM

A recent report from the Economist Intelligence Unit entitled Big data evolution: forging new corporate capabilities for the long term is looking into the evolution of Big Data and what companies can do to make the most of the data they collect.

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Tags: diversity, equality, gender pay gap, reporting

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