Anne O'Connell

GOLD

Gender Pay Gap Reporting Update

By Anne O’Connell

– posted 2 years ago

As highlighted in our previous article in June 2022 entitled “Employers to Begin Mandatory Reporting of Gender Pay Gap Information for the First Time” (link below), the Gender Pay Gap Information Act 2021 (“the Act”) came into force on 31^st May 2022. The Act amends the Employment Equality Act 1998 and aims to ensure greater transparency regarding differences in the remuneration of employees by reference to gender.

The Act requires relevant employers to do the following:

Publish an annual report identifying any gender pay gaps within their organisation; and
Publish a “relevant report” explaining the reasons for such a pay gap and identifying steps it can take to reduce or eliminate it.

The reporting requirements are being rolled out incrementally based on the size of the employer. Employers with 250 or more employees have been required to report since December 2022. Those employers were required to select a date in June 2022, a so-called “snapshot” date, and report within six months.

Continue Reading Here

Stay informed with the latest legal developments at Global Law Experts