More than 10,000 UK companies with 250 employees or more published their gender pay gap in time for the April 4 deadline set by the country’s government, as part of a new law adopted in 2017 (see articles n°9966 and 10626). These brand-new figures have shown that close to 8 out of every 10 companies in the country pay their male staff more than their female employees. Sectors such as financial services and construction were found to have particularly sizeable gender pay gaps. Experts say the revelations could force companies into action.
On average, female workers in the UK’s construction industry are paid 25% less on average than their male colleagues. In the finance and insurance spheres, the gender pay gap stands at 22%, while that found in the education sector is 20%. These are just a few of the findings from the first round of gender pay gap disclosures from large UK companies. The figures published by firms show that 78% of companies employing upwards of 250 people pay their male employees more on average than their female ones.
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