THE F IRST YEAR THROUGH THE LENS OF THE PAYROLL INDUSTRY
Devolution Political upheaval causing the delay in laying Gender Pay Gap Regulations in Northern Ireland continues to have an impact on the work of payroll – a response to our survey question asking ‘Were corrections needed to the input of raw data?’ – ‘[the] Removal of Northern Ireland Employees’.
Could gender pay gap reporting be just the tip of the reporting iceberg?
CEO pay The Government’s response to the Corporate Governance Reform green paper consultation, published in August 2017, committed to introducing a statutory requirement on all UK quoted companies to: “report annually the ratio of CEO pay to the average pay of their UK workforce, along with a narrative explaining changes to that ratio from year to year and setting the ratio in the context of pay and conditions across the wider workforce”. Equal Pay The BBC have undoubtedly claimed more than their share of the headlines in the past year to the point where gender pay gap reporting comes a poor second to the issue of Equal Pay – as we have seen and read in many examples but by far, the former China Editor C arrie Grace in her resignation letter makes clear: “This is not the gender pay gap that the BBC admits to. It is not men earning more because they do more of the jobs which pay better. It is men earning more in the same jobs or jobs of equal value. It is pay discrimination and it is illegal.” “…we are by no means the only workplace with hidden pay discrimination and the pressure for transparency is only growing. I hope rival news organisations will not use this letter as a stick with which to beat the BBC, but instead reflect on their own equality issues.”
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THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS
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