PAY AND REWARDS

Don't stay silent on pay; it's time to speak up

News by CMI Insights, 14 NOV 2016

Admit it, men probably out-earn women in your organisation.

What, you may ask, is the point of bringing in a new law without also introducing a penalty for breaking it?

As employers contemplate how they can comply with the new duty to calculate and report the gender pay gap in their organisations, they may wonder whether there is actually much point in trying.

After all, who is going to haul them through the legal system for failing to do it when the full might of the law has no book to throw at you? The short answer is that something rather more valuable than a £50 fine is at stake – reputation.

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