It’s been a big year for pay reporting. This year businesses with 250 or more staff had to start reporting their gender pay data and publishing it on their website. Since then, it’s been suggested that race pay gap and pay-ratio gap should also be reported by companies who employ 250 people. It is also […]
Another one of our predictions for 2018 was the prospect of pay reporting being expanded from gender to include race and pay ratios. On 19th July 2018, the Companies (Miscellaneous Reporting) Regulations 2018 were published following Parliamentary approval. This measure has been touted for some time as a means to get employers to address growing […]
The deadline for private sector companies to publish their Gender Pay Gap Reporting Data is 4th April 2018. As it stands only around a third of the eligible companies have uploaded their data to the government portal. However, some companies have already published their data, the latest being Deloitte and Carlsberg. Deloitte revealed a […]
Ten days before Christmas, the Chairman of a house building company, Persimmon Homes, quit due to what he deemed as obscene bonuses being awarded to senior executives. The CEO, Jeff Fairburn, was awarded a £110m performance bonus – which is largely due to the Persimmon’s involvement in tax-payer backed help-to-buy scheme – and the Chairman believed […]
Gender pay reporting results are something many employers will be publishing next year and the idea of publishing pay data to address inequality is one the government seems quite keen on. However, one issue that sometimes does get overlooked is ethnicity pay reporting. Like the gender pay gap, many experts believe there is an ethnicity […]
Pay Reporting News – By June 2018, as part of new corporate governance reforms, any company that is publicly listed must publish and justify the pay differences between their highest paid executives and their average salary. They will also have to publish a narrative of their pay ratios over the years and a list will […]
