@CIPD launches new guide to help companies report their #EthnicityPayGap as new research finds just 13 #FTSE100 companies currently report their ethnicity pay data
While the Black Lives Matter protests of 2020 prompted more organisations to speak up on the importance of equality and inclusion, just 13 FTSE 100 companies currently report their ethnicity pay gap.
Ahead of next week’s parliamentary debate on the need to introduce Mandatory Ethnicity Pay Reporting the CIPD is calling for mandatory reporting to apply to all large employers from April 2023, in a bid to accelerate equality and create consistency of disclosures amongst organisations.
To support this, the CIPD, the professional body for HR and people development, is today (15 Sept) launching a guide to help employers and HR professionals navigate ethnicity pay reporting, from data collection through to analysis and reporting the results.
Last year’s Black Lives Matter protests led many organisations to publicly condemn racism and discrimination in our societies and workplaces, but few have voluntarily reported their ethnicity pay gaps, despite the increasing expectation from the public, investors and other stakeholders. Just 13 FTSE 100 companies did so in their most recent annual report, according to new CIPD research. However, of those, ten organisations published for the first time, suggesting that greater public scrutiny of race inequalities prompted these employers to act.
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