An important update for all of Spktral's clients to review and prepare your internal tooling readiness for the upcoming snapshot date for in-scope organisations (>250 headcount) for ethnicity and disability pay gap reporting. For more context and awareness, you can read our recent response to Labour's 'Plan to Make Work Pay' announcement, and our comments on the misconceptions in the commitment to better enforcement of the existing reporting obligations, here: https://lnkd.in/ezvbmkW4 #genderpaygap #ethnicitypaygap #disabilitypaygap #equalpay #DEI
Chair at Biochar Innovations Limited and Spktral, Business Angel, advisor to SMEs and Chief Marshal at the Scottish Open
Labour will mandate ethnicity and disability pay gap reporting Spktral has been active in commenting on the misconceptions in Labour's high level policy commitment to better enforcement of the current obligation on organisations with >250 people to report gender pay gaps, as well as thier intention to introduce ethnicity and disability pay gap reporting within their first 100 days in office. What is certain is that any newly elected Labour administration will bring additional scrutiny and focus to this areas of D & I. The first snapshot date(s) that would require in-scope organisations to collect disability and ethnicity data in addition to gender data could be as early as 31 March/5 April 2025 for public and private/third sector employers - that's less than 10 months away! To stay ahead of the curve and avoid last minute panics, we're encouraging all our clients to take steps asap to ensure their internal systems can record and extract the necessary data to enable these new reporting requirements to be fulfilled. If you're reading this, I'd strongly advise you to do the same, and of course Spktral would be delighted to help! #genderpaygap #equalpay #ethnicitypaygap