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REC Guide to Gender Pay Gap Reporting
PDFThe gender pay gap is the difference in between male and female pay expressed as a percentage of male pay.
Regulations under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 (‘the Regulations’) require large employers (with 250 employees or more) to calculate the difference in average male and female pay using calculations of their hourly rates and bonus pay, and publish the data.
The government’s stated intention is to use gender pay gap reporting as a means of tracking pay inequality between males and females.