To address concerns about fairness in how organisations treat such stakeholders as workers, customers, or investors, the UK has introduced various regulations. For instance, the law requires employers to treat their employees fairly in terms of people management policies and practices, including how they reward them. Recently, large UK employers must now disclose pay data, such as by gender.
This factsheet covers pay fairness, including high and low pay, and equal pay for equal work. It also looks at pay reporting, outlining what must be disclosed under UK law (such as the gender pay gap) as well as ethnicity pay disclosure that might be required in future. It also discusses the benefits of publishing pay narratives, which helps employers show they’re trying to pay their workforces equitably.
Explore our stances on low pay and financial wellbeing, executive pay and gender equality at work in more detail, along with actions for government and recommendations for employers.
This factsheet was last updated by Charles Cotton: Senior Performance and Reward Adviser, CIPD
Charles directs CIPD’s research agenda and public policy on performance and reward. He speaks for CIPD at government consultations on topics such as, pensions, retirement, CEO remuneration, low pay and employee tax.
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