Gender Pay Gap Reporting: What is the 2024 Update?
Posted in : First Tuesday Q&A ROI on 6 February 2024 Issues covered: Gender Pay Gap Reporting, Pay Transparency DirectiveWhat is Gender Pay Gap Reporting?
The Gender Pay Gap Information Act and Regulations (the Regulations) require employers (with 250 or more employees) to examine the Gender Pay Gap (GPG) in their organisation. The Regulations also require such employers to publish:
- Details of the GPG
- The reasons for the GPG in the employer’s opinion, and
- The measures being taken (or that are proposed to be taken) by the employer to eliminate or reduce the GPG.
This information must be published in (or before) December each year, based on a ‘snapshot’ date in June.
What has changed?
The reporting requirement currently applies to organisations with 250 or more employees. However, in
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Back to Q&A's This article is correct at 06/02/2024
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