Brightmine roundtable | What steps should HR take to alleviate the gender pay gap?

Back in 2017, the UK Government voted in favour of new legislation that required 10,000 firms to annually document their gender pay gaps – otherwise known as the difference in the average hourly wage of all men and women across a workforce.

That same year, it was confirmed by YouGov that men were paid 16.9% higher than women and received 25.2% higher bonus payments. Fast forward to 2023, when the last gender pay gap reporting took place, and it was confirmed in the reporting that the median pay for all employees was 14.3% less for women than for men.