In this blog article, Beth Abbott from our Conveyancing team demystifies the term ‘Caveat Emptor’, the principles of which are key when buying or selling a new home. What does Caveat Emptor mean? Put simply, Caveat Emptor is a Latin term...
Consultation on Draft Gender Pay Gap Reporting Regulations
The Government has issued for consultation the draft Equality Act 2010 (Gender Pay Gap Information) Regulations 2016, which will introduce mandatory gender pay gap reporting on an annual basis for private and voluntary sector employers with 250 or more employees.
The Regulations are scheduled to come into force on 1 October 2016 and will require employers to calculate gender pay gaps using data from a specific pay period that contains the relevant date, which is every 30 April from 2017 onwards. Employers will then have 12 months beginning with the relevant date in which to publish the information.
A summary of the requirements and a copy of the draft Regulations can be found on the GOV.UK website.
The consultation closes at midnight on 11 March 2016.