The deadline for UK companies to report their companies salaries figures has passed.
Businesses with more than 250 employees were required to submit their companies salaries before midnight on Wednesday to the government equalities offices.
It has been reported that nearly 8 out of 10 companies and public body sectors pay men more than women. With more than 10,000 companies submitting their data 78% of them reported a pay gap in favour of men. 14% had a gap favoring women and just 8% of companies had absolutely no gender pay gap.
Gender Pay Gap Reporting
Some of the companies with the largest pay gaps included.
- Apple filed its figures on Wednesday revealing that 71% of its top-earning employees were men. Men are paid more across each of the three separate entities for which the company must legally report, including Apple UK – where the median pay gap is 24%. At Apple Retail the gap is 5%.
- Ryanair revealed a gender pay gap of 72%. – the worst in the airline industry – with women making up only 3% of the top quarter of earners at the airline. The figure is about four times the UK average and outstrips that of easyJet, which reported a 45% gap. Most of Ryanair’s management and administration are based in Ireland and so are excluded from the figures. Also, more than 95% of the firm’s UK-based staff are pilots or cabin crew. Only eight of Ryanair’s 554 UK-based pilots are female. while women make up more than two-thirds of low-paid cabin crew.
- Barclays’ report showed that women’s hourly rate is 43.5% lower than men. This means men earn almost double what women do, with female employees earning 56p for ever £1 earned by a male employee. When calculating bonus pay, the report also found women’s bonuses were 73.3% lower than men’s.
- Yellow Dot was one of the firms that paid women far more than men on a median basis. Men employed at the childcare company earn 81% less on average than women. They make up 18% of the lowest paid compared with just 3% of the highest. Yellow Dot said it was “committed to fairness, equality and inclusion” but conceded it had a big gender pay gap that was getting worse.
Companies who miss the deadline may face legal action including court orders and fines, but only after being given more than a month’s grace period.
This week Minister for Women Victoria Atkins said those who attempted to hide embarrassing gender pay gaps would face the full force of the law.