The statutory reporting requirement of publishing gender pay gap figures for companies with over 250 employees is fast approaching. Come April this year, there will be intense media scrutiny of this data and what it reveals.
It is crucial that law firms of a certain size have a communications strategy prepared in order to deal with the inevitable enquiries from the legal press. Some firms are choosing to be on the front foot and are publishing their figures before the April deadline. Likewise although gender pay gap figures for Partners do not have to be included in the statutory requirement, some law firms are publishing these anyway - this approach has the benefit of transparency.
Other firms will want to speak reactively to the press when approached directly and a well-thought out statement on the firm's figures and the approach the firm is taking to tackle any gap should be prepared in advance. One advantage of advance preparation is being able to respond to the journalist in a timely manner.
Gender pay gap: What you need to know By Lora Jones Business Reporter, BBC News 5 February 2018 UK companies with 250 or more employees must publish their gender pay gap data by April 2018. About 9,000 firms will have to calculate their gender pay gap and publish it on a government website by 4 April 2018, or 30 March for the public sector. With big companies revealing their figures, including the BBC, the gender pay gap is a major talking point in offices across the UK.