I’m sitting in a client meeting feeling decidedly uncomfortable. Their reputation is at risk. The Chief Executive and Head of Marketing are having a difficult conversation about how to manage an issue and it’s, partially, my fault. Naturally I apologise, but inside I’m cheering because this is a discussion they need to be having. They are talking about having to publish their gender pay gap numbers and they are not happy about the picture those numbers paint. They already worry their staff will be pissed off, and they suspect it won’t go down well with customers, shareholders or the wider world either.
Viewing entries tagged
From 5th April 2017, UK companies with more than 250 employees have twelve months to publish their gender pay gap. Eager journalists will be able to mine the data for best and worst figures and compare the performance of big name competitors. Most mainstream media companies themselves will also be covered by the legislation, but the extent to which their notoriously male-dominated cultures might affect editorial lines remains to be seen. Atlas Consultant, Sarah Evans, reveals how bad numbers can still create good stories and the lessons we can learn from those brands already taking the leap.
If your company employs more than 250 people, from next April you will need to take snap shot gender pay gap data that must be reported within 12 months. Given that the final regulations are not yet published its hard for even the most progressive of employers to prepare for this. Whilst working in Government as a Special Adviser, Atlas Director Vanessa Pine helped introduce pay gap reporting regulations that were designed to speed the pace of change. Read her inside story of that battle here.