The gender pay gap is the difference in the average hourly wage of men and women across a workforce.
The Gender Pay Gap Information Act 2021 requires organisations to report on their hourly gender pay gap across a range of metrics.
From 2022, organisations with over 250 employees began reporting on their Gender Pay Gap.
Now, organisations with over 150 employees are being asked to report on their Gender Pay Gap for the first time in 2024.
The Regulations which set out the detail on how these calculations will be made are published at the link below:
These Regulations are currently in the process of being updated to reflect the reporting obligations of organisations with over 150 employees and will be published as soon as possible.