New laws will see men and women receive their pension at the same age, but could this change in the law see women lose out and widen the gender pension gap? From 6 November 2018, for the first time in more than 70 years, men and women will receive their pension from the same age […]
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gender pay gap
We have an equal gender pension age for the first time in 70 years
‘Pitiful and patronising’ – FTSE excuses for lack of women in boardrooms
โThey donโt fit inโ, โthey donโt want the hassleโ and โall the good ones have already goneโ – Just some of the excuses offered up by FTSE 350 company Chairs and CEOs when quizzed on why they didn’t have more women on their boards. The quite frankly shocking state of affairs was revealed the team […]
PM Theresa May promises to tackle โburning injusticeโ of the gender pay gap
As the gender pay gap deadline looms, Prime Minister (PM) Theresa May has pledged to tackle the โburning injusticeโ between the average earnings of men and women. Many UK businesses are still required to submit their gender pay figures before todayโs midnight deadline. Around 8,870 firms have already done so, with many declaring their commitment […]
Gender pay gap could take 170 years to close
Despite the pay gap in the UK steadily closing, the average woman in the workplace still earns 9.1 per cent less than the average man, according to data from the Office for National Statistics (ONS). Instant Officesย looked into this further and discovered thatย men working full time earned an average of ยฃ592 a week in April […]
HSBC reveals 59% gender pay gap between male and female employees
Banking giant HSBC has revealed details about its gender pay gap, citing a 29 per cent median pay gap for its UK operations. The firm also reported a 59 per cent gap on the mean measure for hourly pay in 2017, while a median gap of 61 per cent for bonus payments between its male […]
Companies are still paying men more
Three quarters of businesses are still have a gender pay gap Although the gender pay gap is virtually extinct for freelance and self-employed workers, British businesses are still struggling to catch up, according to new government statistics. 74% of businesses with more than 250 employees were found to have a pay gap favouring men, with […]
Women earn ยฃ400,000 less than men in their lifetime
The gender pay gap is alive and well for most of us, according to new research The average worker is expected to earn just over a million pounds during their career, with that figure expected to drop drastically for women compared to men according to new studies by Casumo. Across the country, the average worker […]
Women fight back against Google after memo controversy
More than 60 female employees at Google could be set to sue the internet titan over pay disparities, according to reports. The news follows the sacking of Google engineer James Damore, who was fired after writing a memo claiming that women were less likely to reach higher company positions due to โbiological causesโ. Despite dismissing […]
FTSE 100 CEO pay decreases but gap remains between employees and top earners
Analysis of FTSE 100 CEO pay packages shows that rewards at the top have dropped by almost a fifth, but the slow-down isnโt enough to close the gap between the average employee and executives. The annual assessment carried out by the CIPD and the High Pay Centre shows that the average FTSE 100 CEO now […]
UK women shun employers over lack of equal pay
Research by Robert Walters shows the absence of career progression opportunities is the number one reason women would leave a job. Now, a survey by Glassdoor shows a lack of equal pay between women and their male counterparts will also drive them to avoid certain employers. Just over half of working women (51%) and 37% […]
ยฃ47K shortfall in employer pension contributions for women
There is a โgapโ between the amount that men and women receive in employer pension contributions, which if left unaddressed could result in a shortfall of ยฃ47,000 by the end of a womanโs working life, according to the inaugural Zurich Workplace Savings Barometer. Last year, on average, men under the age of 35 received ยฃ217 […]
Majority of UK employers in the dark about how to handle gender pay gap reporting regulations
Few UK employers are prepared to handle the requirements of the new gender pay gap reporting regulations coming into force in April this year, according to a new survey from XpertHR. The regulations will require all employers with 250 or more employees to measure and report their gender pay gaps for the first time. XpertHR […]
Gender pay gap regulations places onus on companies to explain, says Mercer
The Governmentโs focus on the gender pay gap should be welcomed, says consulting firm Mercer. However, while the final draft of the reporting requirements brings some much needed clarity, the measures proposed are blunt and organisations should be prepared to explain why they have a pay gap and how they plan to close it. Commenting […]
Gender pay gap in high tech significantly higher than national average
The gender pay gap in the UKโs high tech sector (25%) is significantly higher than the national average (18%), according to the latest data from Mercer. The consultancy also found that small companies have the largest pay gap, with a 30% difference in (median) pay between all male and female employees, and a 26% gap […]
Equal Pay Day: British women ‘work for free’ until end of year
This year, 10 November marked Equal Pay Day, the date from which British women essentially โwork for freeโ until January thanks to the gender pay gap. Research by the Fawcett Society shows women in the UK were paid 13.9% less than men in similar roles in 2016. This is a slight improvement on previous years, […]
Women work 39 more days a year than men
New research from the World Economic Forum suggests women work on average 39 more days a year than their male counterparts, which could be the reason for the slow progression toward closing the gender pay gap. Data from the WEFโs Global Gender Gap report shows the average woman works 50 minutes longer each day than […]
Research highlights gender discrimination following childbirth
More than half of British mothers feel they have been held back at work after having children compared to less than a quarter of fathers, according to a new survey that reveals the extent of gender discrimination in the workplace. One in five mothers claimed to have been passed over for promotion and one in […]
70% of women think asking for a pay rise puts their job at risk
Millions of women fear asking for a pay rise will jeopardise their career, according to new research. Seven in 10 females said they wouldnโt even consider asking for a pay rise โ with half concerned it might put their job at risk. And just one in five has asked her boss for a salary increase […]