Overview

This bill mandates that larger employers in the UK publish data on pay differences related to protected characteristics (like gender, race, and disability). This aims to increase transparency and help identify and address potential pay inequalities.

Description

The Workforce Information Bill amends the Equality Act 2010. It requires employers with 250 or more employees to annually publish information about employee pay, disaggregated by protected characteristics. This includes showing pay gaps relating to those characteristics and the overall representation of those groups within the workforce. The Secretary of State will create regulations detailing specifics, including data collection methods and publication requirements. Employers failing to comply face fines or enforcement by the Equality and Human Rights Commission. The bill mandates a public consultation before the regulations are finalized, involving relevant organizations and stakeholders.

Key Aspects:

• Applies to employers with 250+ employees.
• Requires annual publication of pay data disaggregated by protected characteristics.
• Penalties for non-compliance.
• Includes a public consultation process.

Government Spending

The bill itself doesn't directly specify government spending. However, there may be associated costs for the development and enforcement of regulations by the relevant government departments and the Equality and Human Rights Commission. The exact figures are not provided in this bill text.

Groups Affected

• Employers: Employers with 250 or more employees will be directly affected, requiring them to collect, analyze, and publish pay data. Smaller employers are exempt.
• Employees: Employees may benefit from increased transparency regarding pay disparities. Data disclosure could lead to improved pay equity and help identify areas of discrimination.
• Equality and Human Rights Commission: This body will be responsible for enforcing compliance with the new regulations.
• Public: The public will have access to the published data, allowing them to monitor pay equality within organizations.

Powered by nyModel