Posts Tagged ‘Pay Gap Reporting’
UK Ethnicity Pay Gap Reporting: What It Means for Employers
In April 2023, the UK government published new guidance for employers on how to measure, report on and address ethnicity pay differences within their organizations. Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports. What is the purpose of collecting ethnicity data? Ethnicity pay…
Read MoreTakeaways From the 2021 UK Gender Pay Gap Reporting Results
The United Kingdom’s gender pay gap reporting data for 2021 is in. And an analysis of the 2021 reporting year by Lewis Silkin suggests the efforts are paying off: the pay gap appears to be shrinking. Below we outline trends in this analysis and why evolving pay transparency laws across the pond should matter to…
Read MoreHow to Prepare for the ESG Reckoning: Three Essential Steps
When two founding members of Bain Capital’s impact investing fund sound the alarm that An ESG Reckoning Is Coming, employers should take note. Michael O’Leary and Warren Valdmanis cover a lot of ground in their new article for the Harvard Business review, from Nikola’s disastrously fake zero-emission semi-truck commercial to Former U.S. Attorney General Loretta Lynch’s…
Read MoreCalls Increase for Race/Ethnicity Pay Gap Reporting
Employers may already be aware of the pressure to disclose the gender pay gap in their organizations. What they may not know is that the pay gap issue is equally relevant with regard to all protected classes, not just in terms of gender. As a result, employers need to be prepared with pay equity solutions…
Read MoreLawmakers Introduce Bill to Expand Gender Board Law to Underrepresented Groups
On September 30, 2018, Governor Jerry Brown signed into law a bill that sought to reshape corporate boards in California by mandating gender diversity. SB 826 required publicly held corporations located in California to report at least one female on the board of directors in corporate disclosure statements by the close of 2019 or face…
Read MoreU.K. Race and Ethnicity Pay Gap Reporting Obligation to Be Debated By Parliament
Effective 2017, the United Kingdom requires employers with over 250 employees to report on their gender pay gaps. While that obligation is currently suspended based on COVID-19, it is expected to return. Now, recent events have led to a platform for expanding that obligation to include race and ethnicity-based pay gaps. According to a post…
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