United Kingdom companies approach deadline to register gender pay gap

United Kingdom companies approach deadline to register gender pay gap

Those wishing to find out their own employer's disclosure can visit the government's pay gap website, which shows the average difference in earnings across each organisation. The mean average is calculated by adding all the salaries of an employer by gender and then dividing that sum by the number of salaries.

Millennials are also much more likely to switch providers based on a company having a large gender pay gap. Firms like mattress retailer Sweet Dreams and nursery business Yellow Dot which pay women 46.4 percent and 35.4 percent more per hour respectively.

No official measures for companies that register a high pay gap have been announced. In Apple's case, these staff are employed in its retail stores, where men outnumber women roughly 7 to 3 in each quartile.

Writing in The Daily Telegraph today, the Prime Minister Theresa May calls the disparity a "burning injustice", saying progress is "far too slow" and calling for an end to the gap "within a generation".

Some 8,870 companies had already done so as of 07:00 BST.

"It forces employers to look at themselves and understand their organizations and it prompts employees to ask some hard questions", said Sam Smethers, chief executive of Fawcett, a group that campaigns for women's rights.

At 8am this morning, around 8,900 companies had published theirs to the Government's gender pay gap portal, of an estimated total of 9,000 eligible organisations.

"Reporting gender pay gap data is not optional, it is the law", the spokesperson said.

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"Firms have had plenty of warning and have no excuse for failing to submit their gender pay gap data accurately and on time".

It's not just sports teams.

The Equality and Human Rights Commission (EHRC) has published and consulted on its initial strategy for enforcement of gender pay gap reporting.

Women working at the Isle of Wight Council are paid less on average than men, according to figures published by the local authority today (Wednesday).

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Airline pilots, for example, tend to be both well compensated and male. Experts say the imbalance is a big driver of inequality.

The mean gender pay gap compares the average hourly wage paid to women at a company to that of men. Arsenal said its mean pay gap drops from 80% to 17% when players were removed from the calculation.

Sony noted that more than half of new recruits were women during the past year, with more than a third from BAME backgrounds.

The annual salary paid to EasyJet CEO Johan Lundgren was cut by £34,000 ($48,000) to £706,000 ($994,000) in January.

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