Latest figures suggest that women in the UK still earn on average 20% less than men. Under new plans announced in February, companies that fail to address pay differences between male and female employees will be highlighted in new league tables.
Those with more than 250 employees will be forced to reveal their pay gap, the regulations will affect about 8,000 employers across the UK. Companies will need to start calculating the pay gap from April 2017 - 12 months ahead of the first tables being published.
Under the plans announced by Women and Equalities Minister Nicky Morgan, private companies and voluntary organisations will be required to reveal the number of men and women in each pay range to show where pay gaps are at their widest.
Employers must also publish their gender pay gap on their websites. They will have to report every year and senior executives will be expected to sign off the figures personally.
Meridian Business Support, in conjunction with Spirax Sarco, is holding an exclusive roundtable event to discuss the implications of this legislation on UK businesses.
The event will be co-hosted by Amanda Capon, Talent Development Manager at Spirax Sarco and Jenny Jones, Barrister and Judge. Amanda will discuss what Spirax are doing in preparation for the legislation and Jenny will explore the legal implications.
The event will start at 10am and will be followed by lunch and networking, finishing at approximately 2pm.
Spirax Sarco Ltd, Runnings Road, Kingsditch Trading Estate, CHELTENHAM, GL51 9NQ
Places are limited and will be awarded on a first come first served basis, please click here to RSVP.