Tackling gender pay gap and new reporting guidelinesMonday 14 November 2016
CMI Chief Executive Ann Francke says that managers will be at the forefront of introducing the cultural changes needed to make a success of the new gender pay reporting regulations.
British businesses have failed to make any progress on closing the gender pay over the last 12 months, with the 2016 Gender Salary Survey from CMI and XpertHR revealing that on average men are paid 23.1% more than women, compared to 22.8% in 2015.
“Forty years after the Equal Pay Act, how can that be the case?,” CMI chief executive Ann Francke asked. “The answer lies in the fact that the gap, in most cases, is not the result of unequal pay. Instead, it reflects the failure to achieve a balance of men and women in senior management roles, or to attract and retain women to some of the better remunerated occupations.
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