3 things to remember about gender pay reporting

This week the BBC published the salaries of its highest earners, sparking controversy around the pay gap between its top male and female stars. The release of these salaries follows on from new government requirements for gender pay gap reporting among companies with more than 250 employees to state their pay gap averages online. It is expected that about half of the UK workforce will be affected. Whilst your pay gap reporting is unlikely to drum up much or any media attention at all, here are three things to consider if you’re concerned about the outcome of your report.

1)  Calculations

Are you aware of the figures you need to release? Unlike the BBC, you are not required to state the actual salaries of those working for you. Instead, you will need to report on figures which are accurate to the date of April 5^th each year, on the following stats:

-          Gender pay gap (mean and median averages)