More organisations analyse gender pay gaps
There was solid growth in the number of employers analysing their payroll data for gender pay gaps (up 3.1pp to 44.7%). Of these, over six in ten reported taking action as a result of their pay gap analysis (up 1.8pp to 60.5%). However, an action gap remains: 39.5% of employers who undertook a pay gap analysis then took no action to address it.
More organisations with formal strategies for pay equity
The number of organisations implementing formal policies and/or strategies on remuneration with specific pay equity objectives is increasing. 62.7% of organisations report having a formal policy and/or strategy on remuneration (up 1.1pp). Of these organisations, 40.9% now have pay equity objectives in their remuneration policy or strategy.