CIPD Survey report: Pay, performance and transparency 2024
Pay gaps remain a major challenge across the UK
An alarming number of employers are not conducting their gender pay gap reporting in line with government requirements, the report finds.
Aiming to assess how reward decision-makers have reacted to economic and labour market pressures, the report also examines the links between pay decisions and employee performance at a time when positive outcomes for employers might be harder to achieve.
When price inflation is high, this becomes the most important influence on pay rise decisions, followed by what the going rate for pay rises is, the report finds.
Key findings
- 17% of large employers (250+ employees) said they haven’t carried out gender pay gap reporting
- 18% said they didn’t even know whether their organisations had conducted reporting
- The organisations most likely to admit to not carrying out gender pay reporting in the 12 months to October 2023 are those employing between 250 and 499 people (29%), despite it being a legal requirement for all businesses with 250 or more employees in England, Scotland, and Wales.
