firm news

Peter Olszewski
Peter Olszewski,
The importance of the gender pay gap when recruiting and retaining talent
20 November 2018

A recent poll carried out for the Equalities and Human Rights Commission (EHRC) has shown that individuals take into consideration an employer’s gender pay gap (GPG) when considering it as a potential future employer or deciding whether they should remain with the business. 

The poll showed that:

  • 61% of women and 34% of men would more likely select to apply for work with an employer that does not have a GPG.
  • 58% of women and 36% of men would be less likely to recommend their employer as a good place to work because of a GPG.
  • 56% of women and 25% of men would have a reduced motivation in their role if a GPG existed.
  • 46% of women and 26% of men would be less likely to remain with an employer with a GPG. 

This research is a clear indication that GPG matters to both men and women, and that a GPG may not only damage its reputation with potential clients and customers but also impact upon its productivity and ability to recruit and retain the best talent. 

Interestingly the poll also showed that only 26% of respondents had heard of and understood the term, “gender pay gap” with a further 36% not fully understanding it even though they had heard of the term. For employers this demonstrates a need for information to be provided to employees so they understand what a GPG is, why it may exist in a workplace and importantly, what the business is doing to close the gap. Such information may help break down any misconceptions employees may have about any data that is published and provide them with reassurance that the employer is taking steps to address the issue. 

The poll also showed that nearly three-quarters of those polled would be willing to help employers tackle the GPG. This is a good prompt for employers to engage with their workers on the GPG, and work with them to identify ways in which any gap may be closed. 

Next gender pay gap deadline

The next GPG reporting deadline for businesses is 5 April 2019. Let Boyes Turner's employment group take the stress away by preparing your gender pay gap report for you! 

Our team can also offer specialist advice, assistance and training in this area. 
For more information please contact the Employment team or Claire Taylor-Evans on [email protected] or 0118 952 7284 for further information.

Consistent with our policy when giving comment and advice on a non-specific basis, we cannot assume legal responsibility for the accuracy of any particular statement. In the case of specific problems we recommend that professional advice be sought.

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