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ARTICLE · 22 JANUARY 2018

Gender Pay Reporting

Mishcon de Reya LLP
Mishcon de Reya LLP
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Mishcon de Reya LLP

Mishcon de Reya LLP

Founded by Lord Mishcon in 1937, in a one-room office in Brixton, Mishcon de Reya now employs over...

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We are now a little over half way through the first year of the new gender pay gap reporting regime. By the end of October, with just five months of the reporting window remaining ...

United KingdomEmployment and HR

We are now a little over half way through the first year of the new gender pay gap reporting regime. By the end of October, with just five months of the reporting window remaining, only around 200 of the estimated 9,000 in scope companies had filed their reports.

However, there are some lessons that we can learn from the companies that have reported so far. In terms of the hard data:

  • The sector with the highest rate of reporting is human, health and social work activities which makes up approximately 11% of the total responses to date.
  • Perhaps unsurprisingly, the financial and insurance services sector makes up just 3.6% of responses to date.
  • The average hourly pay gap reported so far is 11.1%, which suggests that companies with better gender pay gaps are disproportionately represented in the first wave of reports. The Office for National Statistics reported in October 2017 that the national gender pay gap was 18.4%.

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