Today, The Equality Trust and Pay Compare announced that Pay Compare’s UK pay ratio campaign will be incorporated into The Equality Trust. The process will commence immediately with completion expected by 31 March 2018.
Dr Wanda Wyporska, Executive Director of The Equality Trust, commented:
“I am delighted that we will be taking forward the pioneering work of Pay Compare in collating and presenting employer pay ratios from across the UK. It will be a massive boost to our work to improve the quality of life in the UK by reducing economic and social inequality. In alliance with our Pay Tracker report, that rates FTSE CEOs on their pay ratios, we believe we can shine a spotlight on the massive inequalities of pay in our society. We particularly look forward to working with our supporters and local activist groups to use the Pay Compare campaign to encourage more employers to disclose their ratios ahead of legislation on pay ratio reporting.”
Stuart Hill, Founder and Executive Director of Pay Compare, commented:
“Having shown that employers are ready and willing to engage with pay ratio reporting, and see its value, I am very pleased that Pay Compare’s work will now be developed further by The Equality Trust. The access to the greater resources of the Trust will allow the campaign for pay transparency and fairness to grow stronger so that we can bear down on the UK’s extreme pay inequality that so distorts our economy and society.”
For further comment and information, please contact:
Dr Wanda Wyporska - tel: 07729 763055
Stuart Hill CQP MCQI