First time for gender pay gap reporting for your organisation ? This December sees the requirement for gender pay gap reporting extending to companies with more than 150 employees. How you communicate your calculations can be just as impactful as collating the data, and the reports are becoming a key communication tool for attracting, informing, and retaining employees. However, many organisations, particularly smaller organisations, may not have access to communications & marketing support to help in the preparation of the final published content. As part of our D&I toolkit, some of our 30% Club supporters have developed a 'how to guide' to give some practical advice, including a sample template, to help you get started on your first and subsequent reports. We hope you find it useful - check it out today ! https://lnkd.in/e4C6A_6M Ben Carty Christine Farrell Andrea Dermody Paula Neary Balance For Better Business Melanie Sheridan Mark Skinner
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An important deadline on the horizon as Gender Pay Gap reporting is extended to companies with more than 150 employees. This legislation has played an important role in helping to narrow the gender pay gap in recent years and we welcome its broader roll-out across the business community. However, more focus is needed to accelerate in sectors where progress has been slow including the finance, insurance and real estate sectors. The 30% Club Ireland has compiled a useful guide to support organisations developing their gender pay gap report for the first time this year and accelerate their gender balance journey. Read below for more. https://lnkd.in/ehWYPM8C
First time for gender pay gap reporting for your organisation ? This December sees the requirement for gender pay gap reporting extending to companies with more than 150 employees. How you communicate your calculations can be just as impactful as collating the data, and the reports are becoming a key communication tool for attracting, informing, and retaining employees. However, many organisations, particularly smaller organisations, may not have access to communications & marketing support to help in the preparation of the final published content. As part of our D&I toolkit, some of our 30% Club supporters have developed a 'how to guide' to give some practical advice, including a sample template, to help you get started on your first and subsequent reports. We hope you find it useful - check it out today ! https://lnkd.in/e4C6A_6M Ben Carty Christine Farrell Andrea Dermody Paula Neary Balance For Better Business Melanie Sheridan Mark Skinner
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📅 Don't miss the April 4th deadline for Gender Pay Gap Reporting! What are the steps HR should be taking when it comes to effective gender pay gap reporting? Check out our post for a detailed guide and discover how your HR system can support you: https://ow.ly/A56N50QzhPR #genderpaygap #equality #hr #transparency
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Great piece by my colleague and partner Kristine M. Sims on a topic that I care deeply about #genderpayequity. The article tackles the pervasive issue of pay equity in 2024. Check out her comprehensive article featured in April's HR Legal & Compliance Excellence on HR.com. Kristine outlines the data, the legal landscape, and actionable steps to effectively implement equitable practices that all organizations can take note of. I also wrote about gender pay equity, outlining the history, progress, and how to keep the forward momentum. https://lnkd.in/e3t7Ejtd #PayEquity #EqualPay #GenderEquity
In the News: Kristine Sims' Article "Equitable Compensation: Understanding Legal Obligations" Featured in HR.com
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On this International Equal Pay Day, we wanted to reflect on the vital importance of equal pay - not just as a legal requirement but as a cornerstone of ethical business practices. Despite progress, the gender pay gap persists, impacting not only women but the overall productivity and morale of organisations everywhere. As an HR consultancy proudly founded by a woman, we know that fostering a fair and equitable workplace is crucial for attracting and retaining top talent. Equal pay isn’t just about compliance; it’s about cultivating an environment where every employee feels valued and rewarded based on their contribution. Achieving pay equity requires more than just good intentions. It involves meticulous analysis, transparent communication, and a commitment to ongoing improvement. That’s where we come in. Our team is here to provide expert guidance and actionable strategies, ensuring your business not only meets legal standards but also sets a benchmark for fairness in your industry. Let’s work together to close the gap. Contact us today to learn how we can support your journey towards equal pay. 📞 07852 965609 📧 info@smehrconsultancy.com 🌐 smehrconsultancy.com #InternationalEqualPayDay #hrconsultancy
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On this International Equal Pay Day, we wanted to reflect on the vital importance of equal pay - not just as a legal requirement but as a cornerstone of ethical business practices. Despite progress, the gender pay gap persists, impacting not only women but the overall productivity and morale of organisations everywhere. As an HR consultancy proudly founded by a woman, we know that fostering a fair and equitable workplace is crucial for attracting and retaining top talent. Equal pay isn’t just about compliance; it’s about cultivating an environment where every employee feels valued and rewarded based on their contribution. Achieving pay equity requires more than just good intentions. It involves meticulous analysis, transparent communication, and a commitment to ongoing improvement. That’s where we come in. Our team is here to provide expert guidance and actionable strategies, ensuring your business not only meets legal standards but also sets a benchmark for fairness in your industry. Let’s work together to close the gap. Contact us today to learn how we can support your journey towards equal pay. 📞 07852 965609 📧 info@smehrconsultancy.com 🌐 smehrconsultancy.com #InternationalEqualPayDay #hrconsultancy
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On this years International Women's Day we're sharing our 5 points on the gender pay gap... 📄 Advertise salaries on all adverts & don’t ask for current earnings as part of your interview processes ⚙️ Explore if there is any bias in your recruitment processes & work to eliminate it 🏠 Make flexible working the norm - whether it’s part time working, job shares, hybrid working or other arrangements that support caring responsibilities 📈 Carry out regular equal pay audits & create a solid action plan to address any concerns 📊 Get to grips with your pay data and make clear commitments to close any concerns Most importantly, don’t get caught by the gender pay bot on International Women's Day! If you haven’t got anything good to share, use the opportunity to start your journey. See why great organisations are using Ten Space as their employee engagement platform: https://lnkd.in/ebhaWyR8 #employeeengagement #hrtechnology #IWD2024 #GenderPayGap
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Yesterday was #EqualPayDay. I shared in my post yesterday the significant consequences of the #genderpaygap: working women losing thousands of dollars in income a year and for some women, over a million dollars over a lifetime. But there are ways to fight against pay inequity. Here are 5 questions you should ask about pay before taking your next job: 1️⃣ How is pay determined for this position? -Understanding the factors that contribute to salary decisions can help ensure fairness and transparency. 2️⃣Are there salary bands or ranges for each role? -Knowing the typical salary range for your position can help you assess whether you're being offered fair compensation. 3️⃣Does the company conduct regular pay audits to identify and address any gender pay gaps that may exist? -Regular pay audits can help identify disparities and allow the organization to take corrective actions to ensure fair compensation practices. 4️⃣What steps is the company taking to address pay equity and close the gender pay gap? -A commitment from the organization to address pay disparities shows a dedication to fairness and equality in the workplace. 5️⃣Are there clear criteria and processes for determining bonuses, raises, and promotions, and how do they account for gender disparities? -Understanding whether there are systematic processes in place to evaluate performance and whether gender biases are considered helps ensure fairness in compensation decisions. Which question are you putting in your toolkit for your next interview? Have any other good questions to ask? Let me know in the comments! ⬇️ #workplaceutopia
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As the CHRO of a Swiss company, it is important not to be caught unprepared. The year-end cycle presents the ideal opportunity to proactively prepare for pay transparency. Pay transparency is crucial in 2024 as it fosters fairness and equality in the workplace. It also plays a vital role in addressing and eliminating pay gaps based on gender, race, and other factors, ultimately creating a more inclusive and diverse workforce. Is your organization ready to embrace pay transparency? Find out more here: https://bit.ly/4bVtlVp #HR #PayTransparency
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#InternationalEqualPayDay Employers can make a tangible impact on closing the gender pay gap and create a fairer workplace for everyone. Here are some key actions to take to drive meaningful progress: ✅Conduct regular pay audits ✅Promote pay transparency ✅ Offer equal opportunities for promotion ✅ Offer flexible working ✅ Support return to work after career breaks ✅ Address unconscious bias ✅ Measure and report progress #GenderPayGap #PayEquality #TTRecruitment
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As the CHRO of a Swiss company, it is important not to be caught unprepared. The year-end cycle presents the ideal opportunity to proactively prepare for pay transparency. Pay transparency is crucial in 2024 as it fosters fairness and equality in the workplace. It also plays a vital role in addressing and eliminating pay gaps based on gender, race, and other factors, ultimately creating a more inclusive and diverse workforce. Is your organization ready to embrace pay transparency? Find out more here: https://bit.ly/4bV2mcA #HR #PayTransparency
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