What’s the difference between Equal Pay and the Gender Pay Gap?
Many businesses are focusing on the gender pay gap because new rules have come into place saying that companies must disclose average pay for men and women, including bonuses. By April 2018, large companies of 250 people plus will have to publish these results by law.
You might be a business that advocates Equal Pay for men and women, but you may still have a gender pay gap problem. So, what’s the difference?
This is the right to be paid the same for doing equal work – regardless of whether you are a man or a woman. For example, if you are recruiting for two part-time professionals – say, admin assistants for example, fulfilling exactly the same job description, on paper the salary will be the same.
The Gender Pay Gap
This is different – it’s the disparity between average pay between men and women in a workforce, whatever their job or position might be. For example, many companies with more senior employees who happen to be male, will find they have a gender pay gap.
That said, there will be other issues that affect pay disparity. For employees who have been at a company for a while, things like long service and achievements will affect pay rises, which are, ultimately, at the employer’s discretion.
Part-time professionals and the gender pay gap
We say that the discussion around pay can only have a positive effect. The more that gender pay imbalance is discussed, the more likely it will become a board room issue.