Reward insight
...interesting to see if the legislative framework is tweaked to make statutory shared parental pay more generous...
the first child, reflected in a widening gap in the amount of time spent in the workplace. Yet it is equally possible that parents still hold to the traditional view that childcare is a mother’s role and that financial implications are less of a factor. However, with the government so concerned about the low take-up of SShPL that it launched a media campaign (https://bit.ly/2BmhwJb) to raise awareness and increase participation it will be interesting to see if the legislative framework is tweaked to make statutory shared parental pay more generous at some point in the future. n
established by further, more in depth, research. We know from gender pay gap statistics that men tend to earn more than women, with the government’s own statistics (https://bit.ly/1C5ta7s) reporting that median pay for all employees was 17.9% less for women than for men at April 2018. With statutory leave paid at a much
lower rate than most workers’ actual rate of pay, it may be that finances determine which partner takes time off work. But perhaps parents take a more longer-term view than the immediate impact of statutory payment rates? The same government research highlights a gradual widening in the pay gap between mothers and fathers after the arrival of
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CEO pay ratio reporting
Online course
Make sure that you can accurately calculate and report CEO pay ratios ahead of your reporting deadline and comply with the new legislation.
This course covers: ● Choosing a calculation methodology ● The overlap with gender pay gap reporting ● Data definitions and collection ● Calculating the pay ratios ● Publishing the data ● Supporting information and explanation
Book online at cipp.org.uk/training , email info@cipp.org.uk or call 0121 712 1000 for more information.
cipp.org.uk CIPP_UK cip .org.uk @CI P_UK
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Issue 47 | February 2019
| Professional in Payroll, Pensions and Reward |
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