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A Chartered Institute of Personnel and Development (CIPD) analysis has revealed that the gender pay gap figures for 2020 match those recorded two years previously.

The median gender pay gap was 12.8% or, alternatively, for every £1 the median male worker earned the median female worker earned 87 pence.

By contrast, in 2019 women received 86 pence while in 2018 they got 87 pence for every £1 a man earned.

The CIPD also has concerns about the number of employers reporting their pay data. For example, in 2018, 10,833 organisations published their numbers. This dropped to 6,150 in 2019 and 2,440 in 2020.

Responding to the figures, Charles Cotton, senior reward and performance adviser at the CIPD, said, “We are now into our fifth year of gender pay gap reporting and there has been markedly little change in the figures. This is to be expected, however, given improvements can’t be made overnight and some of the measures employers have taken to close their gender pay gap may well initially result in it widening.”

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“However, we are more concerned by the sharp drop in employers who have so far chosen not to report their figures this year. While this is not that surprising given enforcement action has been delayed by six months, it does raise questions about the commitment of some employers to tackling their gender pay gap.

“Reporting is an integral part of an organisation’s fairness strategy and without it employers lack a valuable tool to assess the fairness of how they recruit, manage, develop and reward their people. We would therefore urge those that have not yet filed their figures for 2020 to do so now, rather than waiting until October.

“With the pandemic disproportionately affecting women financially, it’s even more of an imperative for employers to ensure gender pay reporting returns to the top of their agenda.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

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With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £125 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
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