We offer a range of high quality accounting, financial and business services in and around Milton Keynes.

Survey finds awareness of gender pay gap reporting requirements is 'low'

01 Apr 2019

A survey carried out by the Chartered Management Institute (CMI) has suggested that awareness of the gender pay gap reporting requirements is 'low'.

The survey of 940 business leaders revealed that only 37% were aware that their business published gender pay gap data. A further 12% stated that their firm does not have an action plan in place to tackle their gender pay gap.

The deadline for large businesses to publish their gender pay gap data is midnight on 4 April. Businesses with 250 employees or more are required by law to publish their gender pay gap figures on their website. Firms must also report their data to the government via its gender pay gap reporting service.

Voluntary and private sector employers with 250 employees or more must publish their figures by midnight on 4 April 2019. Public sector employers were required to publish their figures by 30 March 2019.

Businesses who fail to comply with the requirements will face 'unlimited fines' and enforcement action from the Equality and Human Rights Commission (EHRC).

'Despite all the talk, there's still too little action in the workplace to close the gender pay gap,' said Ann Francke, Chief Executive of the CMI.

'It's time for transparency with teeth, including mandatory action plans and progress reports, in line with the UK governance code, as well as consequences for those organisations that don't comply.'

Register

Why not register to receive our monthly newswire? This is packed full of essential business news and handy tax tips to help save you money.

Learn more

Tax Calendar

Our handy tax calendar provides an overview of the key tax dates for your diary.

Learn more

Calculators

B2B’s interactive tax calculators can be used to calculate VAT due, the taxable benefits on your company car and how much your savings are worth.

Learn more

Home | About us | Contact us | Logon | Register | Accessibility | Disclaimer | Help | Site map |

© 2024 B2B Business Advisors Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Chartered Tax Adviser

Registered in England, Company Registration number – 7906656. Registered Office – 58b High Street, Stony Stratford, Milton Keynes, MK11 1AQ. Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry out audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.