gender pay gap

Gender Pay Gap: Eight in ten organisations pay their male staff more than females

Gender Pay Gap: Eight in ten organisations pay their male staff more than females

The deadlines for both private and public sector organisations has finally passed and it has revealed that eight in ten organisations pay their male staff more than females. Over 10,000 employers have published their gender pay gap report and the figures show females are paid on average a median hourly rate of 9.7% less than males.

 

The gender pay gap figures also highlight that 14% of organisations pay their female staff more than males. Shockingly, only 8% of employers have no pay gap between the genders.

 

All organisations that employ 250 people or more will have reported their data to the Government’s gender pay gap service. The deadline for the 1,658 public sector businesses to publish their report was on 30th March 2018 and the rest of the private sector employers should have reported their data on 4th April 2018.

 

Almost 1,200 private sector firms reported their data within the last 24 hours of the deadline. Apple was one of these organisations and their report shows they pay their female staff up to 26% less than males in some parts of its UK and European operations.

 

NWN Media (North Wales News) are reported to have the largest pay gap. The average woman at the company is paid at least 85.2% less than the average man. This figure is significantly higher than the national average of 18.4%.

 

Amber Rudd, home secretary and minister for women and equalities, believes organisations who are required to publish their data have been given an opportunity to “break down the barriers to women’s progression in their organisations”.

 

By law, males and females with the same job must be paid the same wages. The gender pay gap is completely different to unequal pay. A gender pay gap is created if there are higher paid men than women in a business or if women have had their salary reduced after returning to work from maternity leave. Another way in which a gender pay gap is created is through the lack of well-paid part-time/flexible work.

 

Co-founder of female development group Everywoman, Karen Gill, stated: “The gender pay gap issue is critical as it highlights the lack of women working in higher paid roles and identifies to organisations where they need to focus their efforts and resources to ensure a balance and more economically productive workforce”.

 

Businesses who report their gender pay gap are helping to create a fair and equal workplace.

 

Other benefits include:

 

  • Enhanced reputation
  • Increased productivity
  • Attraction of a wider pool of talent
  • Increasing perception of being ethical and fair
  • Customer satisfaction
  • Employee engagement

 

Click here to read our article: “The EHRC reveals organisations will receive unlimited fines for missing the gender pay deadline”

If you have any questions regarding this post, please get in touch with a member of the HPC team.

 

Email: help@highperformanceconsultancy.com

Phone: 0844 800 5932

Tweet: @HPC_HRservices

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