The deadline for reporting Gender Pay Gap data is approaching and all companies with over 250 employees are required to report their data by 4 October 2021.
The Equality and Human Rights Commission is also providing a guide on doing an equal pay audit for larger organisations. The guide features a step-by-step approach and templates to complete audits too. Moreover, larger businesses can look at their pay systems and reduce the risk of an equal pay claim with the guide.
An equal pay audit compares the pay of men and women doing equal work in your company to:
- spot any differences in pay between men and women doing equal work.
- consider the causes of a gender pay gap in your workplace.
- get rid of cases of unequal pay that cannot be justified.
Before deciding on the scope of your audit, you’ll need to establish what data you require. You should also consider how much of it you already have and how accurate and accessible it is. It’s important that the data used for the audit is up to date and accurate, as even minor discrepancies can affect the accuracy of the results.
You are proving your commitment to remove unfair pay practices by doing these audits.