New plans state UK companies must reveal gender pay gap

From 2018, organisations with over 250 people will have to reveal their gender pay gap.

Bonuses, which are suspected to be a big factor of gender pay inequality, will also be included in the listings. Estimates from the Office for National Statistics suggests the pay gap currently stands at 19.2% for full- and part-time UK workers. This means that, on average, a woman will take home around 80p for every £1 earned by her male counterparts.

Nicky Morgan - MP for Loughborough, Secretary of State for Education and Minister for Women and Equalities – said: “In recent years, we’ve seen the best employers make ground-breaking strides in tackling gender inequality. But the job won’t be complete until we see the talents of women and men recognised equally and fairly in every workplace.

“That’s why I am announcing a raft of measures to support women in their careers, from the classroom to the Boardroom, leaving nowhere for gender inequality to hide. At the same time, I’m calling on women across Britain to use their position as employees and consumers to demand more from businesses, ensuring their talents are given the recognition and reward they deserve.”