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23 March 2018

MPs to investigate gender pay gap reporting

Amid fears that employers are not going to comply with the gender pay gap reporting regulations, the Business, Energy and Industrial Strategy Committee (BEIS), headed by Rachel Reeves MP, is to conduct a short inquiry into aspects of pay in the private sector.

The inquiry's remit will be:

      • To examine the compliance by business with reporting requirements on the gender pay gap and to consider what steps they are taking to address the gap;

      • To consider the implementation of the recommendations on executive pay by the previous Committee in its 2017 report on Corporate Governance and recent developments on executive pay;

      • To examine the effectiveness of Remuneration Committees and institutional investors in combatting excessive executive pay

The inquiry will initially focus on the gender pay gap and the Committee invites written submissions on this topic.
You can find out more here.

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