Is your gender pay gap swallowing up talent?
Over the last 12 months, we have seen the reputation of some of Britain's most high profile employers seriously damaged as reported gender pay gaps became public and remain in plain site of all key stakeholders on the government website, since the legislation came into force in April 2017.
For private and voluntary sector employers, and listed public sector employers with 250 or more employers, the act requires employers to comply with a level of “unprecedented transparency” (Chartered Management Institute).
With high demand for labour and an intensifying battle to attract top talent and retain staff, organisations must ensure they have a narrative to explain such gaps. But a narrative on its own is not enough. With such wide media coverage, candidates and staff are actively looking to employers to demonstrate the action they are taking to close their gender pay gaps.
Since there is an obligation to calculate and report the gap ever 12 months, it is critical for employers to get this right in order to limit the negative consequences, and to levy the advantages over their competitors.
Following the successful launch of BFI's Gender Pay Gap Conference for Employers last year featuring contributions from the CMI, the CIPD, Acas, TUC, Fujitsu, EY, ICAEW, the Fawcett Society, the NHS and Mishcon de Reya, BFI are launching a brand new workshop. It will be a practical hands-on day where delegates will receive clear guidance and support with strategies to address their gender pay gap and to become an employer of choice, led by expert trainers.
To see a full agenda for this workshop and register your place for the Gender Pay Gap Workshop for Employers on Wednesday 7th November at the Danubius Hotel Regents Park, London, click here