2 February 2018
Are you ready for Gender Pay Reporting?
Gender Pay Reporting legislation will come into full effect from 4 April 2018.
The legislation requires large companies with more than 250 employees across all industries to publish their gender pay gap annually. The legislation aims to increase pay transparency by reporting the overall difference in hourly pay between men and women and also look at the bonus pay gap.
When publishing their results, employers will have the opportunity to explain their results as well as give details of how they will eliminate and reduce the gender pay gap with their company.
Build UK is working with the Civil Engineering Contractors Association (CECA) to look at options to provide members with the opportunity to confidentially submit their data ahead of publication, and to compare their results with averages from other contractors.
In the first instance Build UK are gathering expressions of interests from members to participate in this project. Please complete this short survey to register your interest.
The Confederation of British Industry (CBI) has published a guide to gender pay gap reporting, which provides information about how to calculate your organisation’s gender pay and bonus pay gaps.