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Reminder Re Gender Pay Gap Information Act 2021
The gender pay gap essentially refers to the difference in the average gross hourly wage of men and women. This is not the same as the obligation to pay both genders equal pay for like work, where different pay rates may be justified in particular circumstances.
The obligations in relation to reporting will apply to all employers in both the private and public sector with employee numbers above the following thresholds:
- Year 1 : 250 or more employees
- Year 2 : 150 or more employees
- Year 3 : 50 or more employees
- Mean and median hourly remuneration for full time and part time employees;
- Mean and median bonus remuneration;
- Percentage of all employees who have received a bonus or benefits in kind.