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UK Ethnicity Pay Gap Reporting: What It Means for Employers

Trusaic

In April 2023, the UK government published new guidance for employers on how to measure, report on and address ethnicity pay differences within their organizations. Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports.

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Pay Equity Reporting: Corporate Sustainability Directive vs IFRS

Trusaic

At the same time, the IFRS is also expanding references to standards related to equal pay. What does it mean for global pay equity reporting? Corporate Sustainability Directive Summary EU sustainability standards are part of a broader EU commitment to achieving workplace gender equality. What does IFRS Reporting require?

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UK Employers: Gender Pay Gap Reports are Coming

Trusaic

And there is also the fast-approaching deadline for submitting UK gender pay gap reports (March 30, 2021 for most public employers, and April 4, 2021 for private employers). In anticipation of this deadline, the government published a collection of gender pay gap reporting guidance on December 14, 2020. .

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Canada Pay Equity Act Anticipated to Take Effect This Year

Trusaic

In a landmark effort to ensure that pay equity is both achieved and maintained , the Canadian parliament passed the Pay Equity Act in December of 2018. The Pay Equity Act will create new proactive pay obligations on employers in the public and private sectors. What is the pay equity plan?

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New KPIs Promise Consistency in Gender & Diversity Analytics

Trusaic

Into this void steps GDKA : the Gender & Diversity KPI Alliance. 2) “Representation,” defined as “Percentage representation by employment category” 3) “Pay Equality,” defined as “The ratio of compensation by employee category (e.g. equal pay for equal work).”. To learn more about achieving pay equity, click here.

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Majority of UK job roles still pay men more than women

cipHR

While the UK’s gender pay gap has been slowly narrowing over time, the latest employee earnings figures from the Office for National Statistics (ONS) show that millions of UK workers are employed in occupations where men are paid more than women. That’s around four in five occupations with a gender-based pay disparity.

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The Naked Truth on Pay Transparency

Trusaic

Trusaic commissioned a survey conducted by YouGov , to learn about Americans’ attitudes towards pay transparency. The poll sample comprised a representative cross-section of the U.S. The remaining 152 million (55%) would prefer to say their pay. employees are in the dark about their colleagues’ pay. The consensus?