How will the recent review in the gender pay gap regulations affect employees?
The recent review in the gender pay gap regulations is a major step forward in the fight for gender equality in the workplace. The review, which was conducted by the UK government, found that the gender pay gap in the UK is still at an unacceptable level, with women earning on average 18.4% less than men. This review has resulted in a number of changes to the regulations, which are designed to help close the gender pay gap and ensure that women are paid fairly for their work.
The first change is that employers must now publish their gender pay gap data on an annual basis. This will allow employees to see how their employer is performing in terms of gender pay equality, and will also help to identify any areas where the pay gap is particularly wide. This will help to ensure that employers are held accountable for any gender pay discrepancies, and will encourage them to take steps to close the gap.
The second change is that employers must now provide more detailed information about their gender pay gap. This includes information about the number of men and women in each pay grade, the average pay for each gender, and the differences in bonuses and other benefits. This will help to identify any areas where the pay gap is particularly wide, and will allow employers to take steps to address
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