The deadline passed at midnight last night for private businesses with more than 250 employees to publish their gender pay gap report.
More than 10,000 companies have now published their report. Interestingly over 1,100 companies published their report on the day of the deadline, which is more than the total number of companies that reported in the first 326 days of the scheme. Some have argued that such late publishing was, in certain cases, a tactic to bury unflattering results in the last-minute flood of reporting.
From the data published so far we have learned that 78 per cent of companies pay men more than women, 14 per cent pay women more than men and 8 per cent have reported no gender pay gap at all.
Perhaps unsurprisingly, men are paid more than women in every single industry sector, with construction representing the largest gap, followed by finance and insurance.
It is not yet clear what level of punishment those that have failed to publish their pay gap results may face. Though, as we have previously reported on this blog, companies may be named and shamed on a public list on the government portal, and that those that continue to fail to report might ultimately face a summary conviction, be subject to an unlimited fine and be forced to publish the data under a court order.