Sunday, October 20News For London

Tag: pay gap

What is the gender pay gap?

What is the gender pay gap?

economy, Gender, News
With so much conversation about the pay gap in recent years, it can be tricky to decipher the facts and figures and know what it actually means for women in 2019. What does it mean? First, it’s important to note how the pay gap is defined. ONS measures the difference in percentage between men's and women’s median hourly earnings across all jobs in the UK. It is not comparing men and women doing the same job. The Office for National Statistics (ONS) reported in 2018 that the gender pay gap fell to 8.6 per cent among full-time employees in 2018. Among all employees, the gap is higher, however, at 17.9 per cent. This is largely due to the larger proportion of women in part-time jobs, which receive lower pay (“an average hourly rate is £9.36 compared with £14.31, excluding overtime, f
The UK is still the largest country to scrutinize the explosive topic of the pay gap

The UK is still the largest country to scrutinize the explosive topic of the pay gap

Adults, Business, economy, Education, International, Law, News, Politics, trends
2019 has been the second year that all companies and charities in Britain with more than 250 employees - covering almost half the country's workforce - have had to report their gender pay gap to the Government Equalities Office (GEO). 1.How does it work? Employers must submit an assessment of the gap between what man and women earn on average amongst their personnel. The deadline for reporting these numbers each year is 31st March for public sector organisations and 5th April for businesses and charities. All companies must report the differences between salaries and bonus of employees from both genders on a mean and median hourly basis.   2.What surprises did we get? The Fawcett Society, the UK's leading charity campaigning for gender equality and women's rights, has defi...