Report: The fair pay report
Key findings
- Progress in tackling the gender pay gap has been too slow. The gender pay gap in 2018 was 17.9% and at the current rate it will not close until 2072.
- The gender pay gap regulations have had a positive impact – there has been high compliance and the profile of the issue has been raised leading to more investigation and action into the issue.
- Businesses should build on the success of gender pay reporting by introducing wider pay transparency.
- However, transparency alone will not tackle pay gaps – government and employers must address the structural drivers of these inequalities.