Gender pay gap falls to 12.5%
It has been reported that the gender pay gap at UK organisations has shrunk for the third consecutive year, early analysis has shown, but the true picture will only emerge once all eligible employers have published their data in the autumn
PwC’s analysis of available gender pay gap data for the 2020-21 reporting year showed that the mean pay gap has fallen to 12.5% from 14.3% in the first year of reporting in 2017-18.
Sheila Flavell, COO, FDM Group comments:
“Just as this country started making good progress towards positive social change in the workplace, the pandemic derailed many forward looking initiatives, and despite vaccination programme now well underway, it’s now becoming clear that the gender pay gap is worsening.”
“Despite the six-month reprieve on gender pay reporting, employers should endeavour to analyse and feedback their gender pay gap data as normal. Even if the figures are less than desirable, continued reporting of them demonstrates that an employer is actively acknowledging the issue, and hopefully taking the steps needed to further reduce gender disparity in the workplace.”
“Addressing the issue of social equality in the workplace should be benefited by the widespread induction of remote working practices, which in turn should lead to remote hiring initiatives, making social inclusion an easier problem to address when candidates are not benefitted by location, socio-economic background or other external factors.”
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