28 February, 2021

Remuneration issues under scrutiny after gender pay gap reports

Research reveals a third of companies are preparing to address gender pay issues after going through the process of writing gender pay gap reports.

gender pay gap, pay inequality, remuneration, diversity

Photo: Shutterstock

One in three organisations that have gone through the process of writing gender pay gap reports are also looking to confront pay imbalances, a survey has found. The poll found that 32% of companies were "considering" action to address their gender pay issues, 28% were undertaking no action while 40% remained unsure of next steps. Undertaken by ICSA: The Governance Institute, and recruitment specialist The Core Partnership, the survey also found that a little more than four out of five companies, 86%, were on course to meet the gender pay gap reporting deadline of 4 April. Around one in ten, 12%, said they were not ready for the deadline

Want to read more? Register with a few details to continue reading this article or log in.

For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda

Barclays International, gender pay gap, ICSA: The Governance Institute, pay inequality, Peter Swabey, Remuneration, shell