first_imgHome » News » Larger agencies to report on gender pay gap by April 2018 previous nextLarger agencies to report on gender pay gap by April 2018Initiative is part of push by Conservative government to make UK a ‘fairer place’ to work.Nigel Lewis13th April 20171 Comment1,057 Views Estate agency firms with more than 250 employees must publish detailed data about their gender pay gap by April 2018, the government has announced.The new rules will ask companies to look at their workforce from several points of view to ensure men and women are paid the same for doing the same job.This includes details of the median male and female earners within the company, and also taking into account the pay gap within different pay levels within the business, important the government says because many women tend to do lower paid jobs within companies.Agents will also have to publish details of the proportion of male and female earners across an organisation, to pin point where women’s progress may have “stalled”.The new regulations also cover bonuses, as well as salary.“We have more women in work, more women-led businesses than ever before and the highest proportion of women on the boards of our biggest companies,” says Justine Greening, Minister for Women and Equalities (pictured, left).“This has helped us to narrow the gender pay gap to a record 18.1 per cent – but we want to eliminate it completely.“Helping women to reach their full potential isn’t only the right thing to do, it makes good economic sense and is good for British business. I am proud that the UK is championing gender equality and now those employers that are leading the way will clearly stand out with these requirements.”Gap wideningRICS recently published research into pay within the property sector. In February it said that although pay rises had reached 7.2% overall within the sector, the gender pay gap was widening.Male property professionals earn on average £11,113 more than their female counterparts (or £54,931 against £43,818) up from £7,000 last year.The government has also launched a campaign website to raise awareness about the initiative.justine greening gender pay gap April 13, 2017Nigel LewisOne commentSheila Manchester, The Negotiator The Negotiator 13th April 2017 at 1:24 pmAs a serious supporter of the rights of women… I’m delighted that Ms Greening has been able to bring this to the rule book. The salary gap is just wrong!Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img

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