To close its gender pay gap, the BBC has decreased the wages of some its highest earning employees. SME bosses need to err on the side of caution if they want to do the same.
Women are asking for lower pay than their male counterparts for identical senior roles, according to new research. Here’s why.
The deadline for the first gender pay gap reports has now passed, with the alleged difference in median hourly wages being 18.4 per cent.
Companies with 250 or more members of staff are required to report gender pay gap figures by 4 April 2018. While it largely focuses on tackling inequality within big corporations, the onus has also been put on SME bosses to unlock equal pay.
Companies across the UK continue to work on resolving the gender pay gap, but Weetabix is a fine example of a firm getting the job done.
Many think the gender pay gap belongs to the elite; that it concerns discrepancies between the salaries of big-name actors or BBC talent. This impression may stem from the fact the newly enforced pay gap reporting only applies to companies with over 250 staff.
Activism within Hollywood and the escalation of the gender pay row over the last week means we’ve kicked off 2018 thinking of how to change business perspectives on gender.
An in-depth study of job adverts across the UK has suggested a trend of “gender-coded language” is sweeping the nation.
While there is no easy way to fix the difference in wage levels, recent Adzuna research indicated certain regions were far from closing the gender pay gulf in comparison to others.
When it comes to pay gaps, gender pay has filled the headlines over recent weeks, including the large discrepancies in pay seen at organisations such as the BBC.
As a CEO who very publicly shed light on salaries at his own company, Charlie Mullins believes wage transparency is a must for any British business.
Self-employment may not be for everyone, but there is no denying the benefits that women can experience from becoming their own boss.