With only approximately six weeks to go until the second round of gender pay gap reporting, (30 March for public sector firms and 4 April for private and charitable firms) I understand at this stage that only around a tenth of eligible companies have reported their figures for 2018.
One of the poorest performing sectors at the moment is financial services, where several banks have a median gender pay gap in excess of 30%, with the largest being RBS with 36.8%.
The statics may improve as more companies continue to report by the deadlines, but in my view the gender pay gap will continue as companies are not obliged to explain, nor are they penalised for a lack of improvement, yet the Government says it will wait five years until it will review the legislation again.
Four in 10 private companies that have published their latest gender pay gap are reporting wider gaps than they did last year, according to BBC analysis. The BBC looked at a company's median pay gap - that is the difference in pay between the middle-ranking woman and the middle-ranking man. This is different to unequal pay - paying women less than men for the same work - which is illegal. Big firms with a wider pay gap include Kwik Fit, Npower and Virgin Atlantic. Only about 10% of employers have reported their latest figures so far, ahead of the 4 April deadline for the private sector.