Greater context and accuracy is needed from companies
for gender pay gap reporting to have an impact
The first round of gender pay gap reporting, published in April,
revealed that 78% of companies have a gender pay gap that favours
men. The law requires all companies and private sector
organisations with over 250 employees to reveal the differences in
pay between their male and female staff.
Some big names were revealed to have significant gaps, with the
largest including Ryanair (71.8%), J.P. Morgan (54%), Capita
Resourcing Limited (50.8%), Clarins (UK) Limited (49%), Merrill
Lynch International (46.7%) and EasyJet (45.5%).
Inspired by the initial reporting data, on 2 August, MPs
published a report calling for more action to be done to ensure the
closing of the gap. The Business, Energy and Industrial Strategy
(BEIS) committee called for companies to go further than the
current requirements with proposals for organisations to publish a
narrative to explain their
