The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 (“Regulations”) that will compel all employers with more than 250 employees to publish details of their gender pay gap will come into force this Spring.
We previously published a detailed note on the draft regulations. Many issues and concerns raised during the consultation have been addressed in the Regulations. There are some welcome changes and more detail provided, for instance on how to calculate pay, although some areas of uncertainty remain.
Although the Regulations are due to come into force on 6 April 2017, the new snapshot date for the purposes of measuring the gender pay gap is 5 April 2017 and annually thereafter, to align with the end of the tax year.
The required information must be published within a year of the snapshot date of 5 April 2017 i.e. by 4 April 2018. The Regulations will require you to take a ‘snapshot’ of your gender pay gap on 5 April 2017 and bonus pay details for the 12 months preceding 5 April 2017 i.e. from 6 April 2016 to 5 April 2017.
Download our gender pay gap reporting guide
To help you and your business prepare for the changes, we have created a gender pay gap reporting guide.
Gender pay gap webinar – coming soon
Our 60 minute practical webinar will take you through the key requirements for gender pay gap reporting, the implications for your business and how DWF can help you prepare.
For more information
If you would like to discuss any aspect of these changes and the impact upon your business in more detail, or if you would like information on how DWF can support your business in the auditing and report process please get in touch