About half of private employers saw their pay gap narrow, while half said the difference was worse or there was no change, according to preliminary data from the Government Equalities Office. Analysis of 10,455 filings by Bloomberg shows the overall figure was little changed, with a mean pay gap of 14.23 percent on April 5, 2018, compared with 14.21 a year earlier, based on all types of organizations. On the other hand, some reports have raised concerns about the trajectory of change in certain companies: HSBC Bank Plc’s gender pay gap, for instance, actually got worse. The annual nature of the reporting has already helped build greater awareness and understanding of the gender pay gap. However, it is considering the possibility of mandatory pay reporting by ethnicity to expose the pay gap for citizens of “Black, Asian and minority ethnic,” or BAME, origins.

Source: Washington Post April 07, 2019 08:48 UTC