Did you know? All employers with 250 or more employees are now legally obliged to report every year on six key metrics about their #genderpaygap and gender bonus gap using data inputs and calculations set out in Regulations.
Kenect Recruitment (although we don’t have to issue this report), is proud to promote the fact that all of our employees are paid equally based on their position.
We have a structured algorithm that focuses on the skillset and experience of an individual, no matter their gender or status. This includes salary, commission, bonuses, and rewards.
In April 2019, thousands of British companies published their latest gender pay gap figures, revealing the percentage difference between the average hourly earnings for #men and #women.
The data revealed that men are typically paid significantly more than women in most #UK businesses.
Despite efforts and campaigns by women’s rights groups to close the gap, the results found that the gender pay gap had widened in favour of men in the past year, with 78 percent of the biggest companies in Britain reporting a gap in favour of men.
As we eagerly await the results of this year’s publication, we thought it was relevant to highlight this issue in the same week as #InternationalWomensDay2020.
