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A new survey by EEF, the manufacturers’ organisation, has found that less than one in ten firms is ready to meet the Government’s gender pay gap reporting requirements.


The EEF says that while 83 per cent of firms are aware of the proposals on gender pay gap reporting, less than one in ten (seven per cent) are up-to-speed in their understanding of it.


Less than three in ten companies (29 per cent) are prepared for the forthcoming requirements and 30 per cent are concerned about the amount of work required to provide the data.


The survey found that less than one in ten firms (nine per cent) currently report any gender pay information, while many others say they do not have the right systems in place to provide accurate and robust pay data.


Despite this, the survey reported that many firms viewed the forthcoming reporting requirements as an opportunity to improve their systems and to benchmark themselves.


The Government aims to introduce gender pay gap reporting next year for firms with at least 250 employees.


The precise details of the new measures are the subject of an ongoing consultation, which is due to conclude on 6 September. 

Tim Thomas (pictured), head of employment policy and skills at EEF, said: “The good news is that many firms recognise gender pay gap reporting requirements as an opportunity to improve their systems and to benchmark themselves against peers and other industries. The bad news is that, if asked for the data today, it’s clear that the majority of manufacturing and engineering firms would struggle to provide it.

 

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