The gender pay gap reporting requirements came into effect on 6 April 2017 as an amendment to the Equality Act 2010, requiring employers of over 250 employees to publish prescribed statistics relating to UK employee pay, for publication before 5 April 2018 (and annually thereafter). Gender pay gap reporting is part of the UK Government’s strategy to make greater advances in addressing the disparity of earnings between men and women over their careers.
As signatories to the Race at Work Charter, one of the five actions Investec committed to was to capture ethnicity data and publicise progress. While ethnicity pay gap reporting is not mandatory, we have, for the first time, included our ethnicity pay gap results within our diversity report alongside our gender pay gap results, following the same methodology.
