Deloitte comments on gender pay gap reporting regulations

Emma Codd, Managing Partner for Talent at Deloitte UK, said:

“Today sees a big step forward in the journey to achieve gender parity in the UK. For the first time people will be able to see the gender pay gap of large employers at one fixed point in time, with this gap measured and reported in a consistent way. They will be able to read about the causes of each company’s gap and the actions that are being taken to close it; they will also be able to determine for themselves those companies that are serious about this and those that are not. This is a massive shift in transparency – and without any doubt is a hugely positive thing.

“Previously reporting our own gap gave us an opportunity to show not only that we fully understood why we had a gap, but also the significant actions that we are taking to close it. We were able to clearly show that these actions were focused on delivering long term meaningful and sustained change – through both a focus on our culture and targeted interventions - and that it is the responsibility of our firm’s senior leadership to ensure this change happens. This transparency has shown itself to be a positive for us – both in terms of our current workforce and those considering joining us; we look forward to continuing on this journey.”

Ends

Notes to editors

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.