Today (Thursday 4 April 2019) marks the deadline for charities and businesses with more than 250 employees to report their 2018 gender pay gap figures. Business in the Community (BITC) is urging organisations to show their commitment to narrowing this gap with the publication of a narrative explaining the figures and a time-bound action plan. According to the most recent Government Equalities Office report1, only 48% of companies are estimated to have included an action plan to narrow their gender pay gap.
Chloe Chambraud, Business in the Community's gender equality director comments: “The figures published so far this year clearly show that gender pay gap reporting on its own isn’t enough. To create truly fair and equal workplaces, employers need to do far more and make a stronger commitment to tackling inequalities. Women in this country want to see the gender pay gap close in their lifetime.
“Since the first year of mandatory gender pay gap reporting last year, this has become a board issue but there is more to be done to increase transparency. To really address the issue, employers need to understand why their pay gaps exist and publish action plans with time-bound targets that set out what they are doing to close them.
“Many of the businesses we work with have seen significant progress from taking a transparent approach. It’s also very important that businesses share their action plans with their staff and externally. Organisations which fail to be up front about this issue risk leaving their staff in the dark about what they are doing and what they intend to do leading to low morale, lack of engagement and loss of talent.
“We cannot continue to miss out on half of the country’s talent by failing to close these gaps. By shifting the burden of unpaid care from women’s shoulders, embracing agile working wherever possible, and removing bias from policies, employers can demonstrate that they really are the employers of the future.”
- Gender Pay Gap Information Regulations: summary of 2017/18 data: www.gov.uk/government/publications/gender-pay-gap-information-regulations-summary-of-201718-data
Notes to editor
email@example.com, Media and External Affairs Manager, Business in the Community, 07776181945
About Business in the Community
Business in the Community, part of the Prince’s Responsible Business Network, is a business-led membership organisation made up of progressive businesses of all sizes who understand that the prosperity of business and society are mutually dependent. We exist to build healthy communities with successful businesses at their heart.
We use our Responsible Business Map to guide members on a journey of continuous improvement, working across the whole responsible business agenda. From community engagement to employment, diversity and the circular economy, we offer expert advice and specialist resources, driving best practice by convening, sharing learning and recognising great performance across our influential network. www.bitc.org.uk