Thousands of companies fail to meet gender pay gap deadline
The deadline for companies to publish details of their gender pay gap (4 April) has passed but the Equality and Human Rights Commission says that more than 1,500 organisations failed to meet that deadline.
Those companies will now be contacted and reminded of their legal obligations. Those that fail to comply will then be investigated by the Commission and potentially face legal action, including unlimited fines.
Gender pay gap reporting is not the same as equal pay. Reporting legislation requires employers – companies, charities and public-sector bodies – with 250 or more employees to publish statutory calculations every year showing how large the pay gap is between their male and female employees.
The EHRC will check whether those businesses that have so far failed to report their pay gap fall into this category.
ACAS advises that a company’s results must be published on the employer’s own website and a government site. This means that the gender pay gap will be publicly available, including to customers, employees and potential future recruits. As a result, employers should consider taking new or faster actions to reduce or eliminate their gender pay gaps.
Companies that have a smaller pay gap between men and women can reap business benefits such as higher productivity and an enhanced reputation as a fair employer.