In her first statement as Prime Minister, Theresa May said: “If you’re a woman, you will earn less than a man.” While the gender pay gap has not been solved yet, new regulations mean that everyone will know about it. The U.K. government now has the power to regulate the framework for gender pay gap reporting by companies with 250 or more employees after Section 78 of the Equality Act 2010 came into force on 22nd August. Section 78 states that the regulations may require employers to “publish information relating to the pay of employees for the purpose of showing whether, by reference to factors of such description as is prescribed, there are differences in the pay of male and female employees.”
