Gender pay gap
Every year, employers from the private and voluntary sectors and some public bodies with more than 250 employees are required to publish gender pay gap information under Section 78 of the Equality Act 2010.
At Business in the Community (BITC), we encourage early and comprehensive reporting as a positive move towards greater equality for women in the workplace. Embracing transparency could enable employers to enhance their corporate reputation, increase their staff’s engagement and attract new talent. Our research shows that employees want to know about the gender pay gap in their organisation, how it can be explained and what employers are doing to close it.
Achieving a truly gender-balanced workforce means employers must recruit and progress the best talent, irrespective of gender. The commercial imperative for realising women’s potential in the workplace is clear: gender equality enhances employee engagement, boosts productivity, meets the diverse needs of customers and suppliers, and improves brand reputation.