More than 1000 companies yet to submit figures on gender pay gap

More than 1000 companies yet to submit figures on gender pay gap

Last week, data published by public sector organisations revealed nearly nine in ten bodies pay male staff more than women.

As a result of the figures, it means that when comparing median hourly rates, women working for Ryanair in the United Kingdom earn 28p for every £1 that men earn, while when comparing the mean hourly rates - 67 per cent difference - it increases slightly to 33p for every £1 then men earn.

In companies such as Tesco Maintenance, Unilever and GlaxoSmithKline, it has been revealed that on average women earn more than men.

"If we are serious about tackling the gender pay gap then we have to do more than publish data - we have to show we're watching what happens next" Creasy told The Guardian.

Nine out of 10 public sector organisations paid men more than women in 2017, figures have revealed, as the deadline for public sector bodies to disclose their gender pay gap passed on 30 March.

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It is not the same thing as equal pay.

Ikea has revealed the gender pay gap across its United Kingdom operation, reporting men earn more in its retail sector but women come out on top on the distribution side of the business.

If all men and women working at a firm are put in two separate lines in order of salary, the median pay gap would be the difference in salary between the woman in the middle of her line and the man in the middle of his.

"Firms have had plenty of warning and have no excuse for failing to submit their gender pay gap data accurately and on time". While there are more women than men in the top quartile, this represents 19% of all female staff. Men make up 29% of the total workforce, but represent 46% of the top quartile.

Both Debenhams and Argos have reported a smaller median gender pay gap for their business on the whole, however, of 0.3 per cent and 4.2 per cent respectively. But businesses can't close the gap by themselves.

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