Developing common gender pay gap reporting standards
Responding to the Business, Energy and Industrial Strategy Committee’s recommendations on gender pay gap reporting, Law Society of England and Wales vice president Simon Davis said:
“The Law Society supports the inclusion of partner pay alongside employee pay data in gender pay gap reporting to give solicitor firms a useful benchmark and enable an evidence-based action plan to tackle inequalities.
“We are working with the profession to develop a common set of standards that will provide the level of transparency expected by firms’ clients, people and the public.
“Because partner pay is structured differently from salaries, a new reporting method will be required to ensure data is meaningful and helpful for addressing inequalities in pay. We will work with government and other professional and business services to develop an approach that is comparable across firms and industries.”
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