Gender Pay Gap Reporting – What’s Required and When?
Large businesses in the UK are now just weeks away from starting to analyse your gender pay gap before publicly reporting on findings in 2018.
If you have a headcount of more than 250 employees, get ready to analyse your gender pay gap from April 2017. The UK gender pay gap is currently at its lowest level ever - just over 18 per cent, and the Government has committed to reducing this even further, and eventually bringing it down to 0% altogether.
The Key Dates
October 1st 2016
The Equality Act 2010 came into force from October 1st 2016 and established that all large businesses must begin to calculate and report back on gender pay within their organisation.
April 5th 2016
From April last year, your business should be collecting data for the first reporting period in April 2017.
April 6th 2017
This is when the Equality Act 2010 regulations come into force. As of April 2017, your business should begin to carry out calculations to determine your gender pay gap results.
April 4th 2018
From April 4th 2018 you should publish the results of your analysis on your business’s website. They need to be in a publicly accessible area of your website and not hidden away. Additionally, a signed document should accompany the results and must remain on your website for at least three years.
After this is completed, the results of your gender pay gap reporting should be uploaded onto the Government’s website.
Keeping On Top Of Payroll Legislation
Just like taxes, payroll legislation changing regularly is just a fact of life. It’s because of this that we’ve created the Payroll Legislation Training – Module 1 course to help keep you ahead of the changes.
This classroom based course is essential for anyone new to the world of payroll or anyone wanting to ensure their legislation knowledge is up to date. It is suitable for all users of payroll software and will ensure you are fully conversant in payroll legislation. No prior knowledge of payroll is required.
The courses are held around the UK in the closest city to yourself and have a maximum of 8 per class to help ensure that you get the most out of the day.
Give us a call on 0344 815 5676 to find out how IRIS training can benefit you and your business or alternatively click below to book your place.