How do Amazon, Apple, Facebook and Google's gender pay gaps compare?

05 April, 2018, 01:26 | Author: Natasha Holloway
  • Deadline day: Latecomers to gender pay gap in reporting scramble to meet today's deadline

Yorkshire Water also sponsors Forward Ladies in its research into bridging the gender pay gap in science, technology, engineering and mathematics (STEM) careers.

HuffPost UK is one of more than 50 Oath brands.

Companies who do not provide their figures will face legal action including court orders and fines, but only after a month-long grace period.

When the requirement to report came into force in 2017, the government said closing work-related gender gaps could add £150 billion to the UK's annual GDP by 2025.

Of those that have already published data, 78% pay men more than women, while 13% pay women more.

It says the disparity is because of the number of United Kingdom pilots it employs - 546 are male and only eight are female.

Ms Fairbairn said knowing the average pay difference between men and women would help companies develop more inclusive workplaces and support more women into senior roles.

Media and tech company Oath UK, the owner of HuffPost UK, has revealed it has a median gender pay gap of 23.29%.

"Shining a light on where women are being held back means employers can begin to take action", a UK Home Office spokesperson said.

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Companies were also required to submit data on bonus pay. Plus, there's a higher proportion of women at the bank on part-time hours, leading to smaller bonuses.

Companies are also required to reveal the difference between median hourly rates, which compare the pay of employees at the middle of the scales. Arsenal said its mean pay gap drops from 80% to 17% when players were removed from the calculation.

On Tuesday morning, 8,874 of the more than 9,000 employers affected by the regulation had filed their figures to the United Kingdom gender pay gap service, which allows employees to check their company's record. "For the past three years, we've been focused on making WMUK a more dynamic and forward-thinking organisation", wrote Masha Osherova, EVP, human resources, WMG, in the company's submission.

Highfield and the board are now addressing the gender imbalances the report has highlighted by setting up a Gender Pay Review Group to tackle the pay discrepancies.

Particularly telling is the section where companies reveal what percentage of the best and worst-paid members of staff are women.

The vast majority - more than 7,300. They argue the pay gaps are big because men tend to dominate highly paid positions.

The publication of gender pay data on over 9,000 companies in the United Kingdom is raising tough questions over how women - and men - are compensated.

There's still a lot of work to be done, but having this information at the industry's disposal is a good first step towards identifying the issue and working to solve them.



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