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ARTICLE · 17 APRIL 2018

Gender Pay Within The Luxury Goods Sector

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

Mishcon de Reya LLP

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With the first annual reporting window having closed on 4 April 2018, we look at how the luxury goods sector has fared in the first year of mandatory gender pay gap reporting.

United KingdomEmployment and HR
Beth Leng
Beth Leng
Andrew Biden
Andrew Biden

With the first annual reporting window having closed on 4 April 2018, we look at how the luxury goods sector has fared in the first year of mandatory gender pay gap reporting.

Since 6 April 2017 employers in the UK with 250 or more employees have been required to begin publishing figures on their own website and a dedicated government website showing the pay gap between their male and female employees. Employers must publish averages in terms of both hourly pay and bonuses for men and women in their organisation. They must also show what proportion of male and female employees receive a bonus, and how many men and women are in each quartile of the organisation's pay structure.

Around a dozen businesses in the luxury goods sector have reported their gender pay statistics so far, including leading names such as Burberry and Rolls-Royce.

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