Bringing the Gender Pay Gap into Focus!
Department of Children, Equality, Disability, Integration and Youth
Enhancing lives of children, young people, adults, families & communities, recognising diversity & promoting equality
The Gender Pay Gap, which reflects the disparity in average hourly wages between men and women, remains an issue globally.? While Ireland is no exception, measures are in place to bring it more in focus.?
Recent analysis of over 550 Irish companies by PwC Ireland saw a 1.4% improvement in the mean gender pay gap at 11.2%, down from 12.6% the previous year demonstrating Ireland’s progress in this critical area. ?Understanding the distribution of males and females across pay quartiles is crucial. Three-quarters of companies demonstrated a greater concentration of males in the highest-paid quartile.
The Gender Pay Gap Information Act 2021 introduced the legislative framework for gender pay gap reporting in Ireland. From 2022, organisations with 250+ employees were required to report on their Gender Pay Gap.? Now, organisations with 150+ employees must do so for the first time in 2024.
Each December, qualifying organisations must publish their gender pay gap data on their official website. The report should detail the hourly gender pay gap across various metrics with organisations selecting a ‘snapshot’ date in the month of June. They then have six months to prepare the calculations for their report.
Addressing the gender pay gap requires multifaceted efforts. Organisations must analyse their own data, workforce participation, promotion rates, and recruitment practices. By fostering more female representation at senior levels, we can bridge the gap and create a fairer, more equitable workplace.
Let’s bring the Gender Pay Gap into focus – visit Gov.ie/genderpaygap for details on reporting your gender pay gap.
#genderpaygap #equality #femalerepresentation