Category: Equal Pay
Six compensation strategies to attract and retain talent
Sarah Lardner | 17 January 2025
When designing a compensation and reward strategy, companies usually start by defining their core principles.
What is Equal Pay Day and why does it matter?
Sarah Nash | 22 November 2024
Equal Pay | Equal Pay Audits | Gender Pay | Gender Pay Reporting | Job evaluation
This Wednesday, the 20 November 2024, was Equal Pay Day. It’s a national campaign led by the Fawcett Society, a UK charity championing gender equality and women’s rights at work.
Pay Equity: Ensuring Fairness and Equity in Compensation
Spencer Hughes | 09 August 2024
Pay Fairness | Equal Pay | Evaluate | PayLab | Pay
Pay equity is the practice of paying equally for work of equal value. But what do we mean by work of equal value? And how can we ensure that we are using the right measure for that? There are two key pillars in ensuring fairness and equity in pay: the reward framework and the implementation and communication of that framework.
Four essential steps to address pay gaps and equality
Justine Woolf | 27 October 2023
Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting
According to a World Economic Forum Gender Gap Report published in July 2022 the UK’s gender pay gap ranking is 22 out of 146 countries, with Iceland, Finland and Norway topping the table with the smallest gaps. At the current rate of change, the report suggests the UK’s gender pay gap will take 132 years to close entirely. A sobering thought.
What is the future for gender, ethnicity, and other pay gap reporting?
07 October 2022
Equal Pay | Gender Pay | Gender Pay Gap | Gender Pay Reporting | Ethnicity Pay Reporting
Only five years have passed since gender pay gap reporting was first made mandatory in the UK and a lot has gone on since 2017. Before the pandemic, we were only just starting to scratch the surface in terms of drawing patterns and tracing trends, and furlough blew a lot of that data out of the window by opening up short term pay gaps which are only now starting to recede back. The data and data-gathering in this whole area is still very immature and could certainly benefit from more introspection, checks and balances in several key areas.
Three essential areas to address around pay gaps and equality
02 September 2022
Equal Pay | Equal Pay Audits | Pay Structure | Pay benchmarking | Job evaluation | Pay Review
Instances of unequal pay can manifest all too easily, but they can also be guarded against by putting checks and balances in place and maintaining those with regular auditing. My three main areas to focus on when considering pay gaps and inequality are pay structures, annual pay review and pay policy.
What does gender pay gap reporting say about your business?
22 April 2022
Equal Pay | Equal Pay Audits | Gender Pay | Gender Pay Gap | Gender Pay Reporting
Since the Gender Pay Gap Regulations came into effect in 2017 organisations with more than 250 employees have been reporting their gender pay gap. Increasingly organisations with fewer than 250 employees, and therefore not required to report, have been publishing their gender pay gap as the importance and value of reporting continues to be seen.
Back to School! The nuances of how Teachers are paid
10 September 2021
Pay Transparency | Pay Fairness | Equal Pay | Measuring pay
Teachers are a good example of a variable or irregular work pattern, so how can you handle transparency in roles that don’t work your typical nine to five, and how can these roles be fairly and equally compared with the traditional Monday to Friday workforce?
How Equal Pay is Integral to your Responsible Reward Strategy
30 July 2021
Equal Pay | Responsible Reward
By being confident and proactively communicating their commitment to Equal Pay, organisations can demonstrate their commitment to fair treatment, and reaffirm that the contribution of men and women is valued equally. Alastair Cole shares his thoughts on how Equal Pay can link to different elements of Responsible Reward.
Disability reporting – not just a tick box exercise
25 March 2021
Equal Pay | Disability Reporting
The need for employers to conduct disability reporting has been brought into sharp focus this week with the publication of an open letter to the Prime Minister calling for mandatory reporting on the number of disabled people in the workforce. However, calling for mandatory reporting isn’t quite as straightforward as is would seem. Justine Woolf reviews some of the potential barriers.
Pay Inequality: what could go wrong?
18 March 2021
Pay Fairness | Equal Pay | Equal Pay Audits
Most organisations do not deliberately set out to discriminate in terms of pay, but given the c.29,000 claims a year it’s clearly not uncommon. Recent headline-grabbing cases have detailed staggering settlements, but the implications of not establishing pay equity can span much further than this. Cathryn Edmondson discusses.
Responsible Reward – It’s Time to be Brave
11 February 2021
Equal Pay | Responsible Reward | Ethnicity Pay Reporting
Any steps taken towards pay equity and responsible reward are in the right direction but if we want to harness the current acceleration of change then we need to be brave enough to speak out and be visible in the changes and the steps our organisations are taking. Cathryn Edmondson looks at how you can clarify your starting point and next steps.
