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Ireland: Companies applaud mandatory gender pay gap reporting as they release results



After mandated reporting under the Pay Gap Information Act 2021, Irish businesses have continued to share their gender pay gap data.

Companies with more than 250 employees were forced to take a "snapshot" of their organisation earlier this year in order to look into gender pay gaps.

The reports, which must be issued this month, contain data on the mean and medium hourly pay of men and women employed by the company, including information on both full-time and part-time employees.

The Act also addresses benefits-in-kind and bonus pay, as well as the proportion of men and women who received these kinds of compensation.

The majority of businesses have already released their results, with the financial and IT sectors reporting some sizable gaps.

The average gender pay in the State was close to 19% among the four major banks. The highest gap was recorded by Ulster Bank, which is planning to exit the Irish market, followed by Bank of Ireland (20.5%), AIB (18.4%), and Permanent TSB (10.5%), with the latter having the smallest gap.

The female wage disparity was 14.47 percent, according to The Irish Times Group, which publishes The Irish Times, Irish Examiner, and Breakingnews.ie. RTÉ discovered a difference of 13.03%, and Mediahuis, which publishes the Irish Independent and Sunday World, discovered a difference of 22.3%.

Reaching the details

The National Women's Council applauded the requirement for reporting and noted that the data highlight the absence of equality in Irish workplaces.

The mandated disclosures, according to the council's director Orla O'Connor, are a positive development.

"The reporting that is taking place as a result of this legislation is quite substantial and vital.

We are learning more about what is causing the disparities in incomes between men and women since it is now getting more specific, she continued.

A Post, which had a gender pay gap of -0.86%, was among the better performers. Eir also made significant progress, lowering its rate from 11.2% in 2021 to 7.18% this year.

Irish Rail, on the other hand, defied the general trend and reported a 6.32 percent wage disparity in favour of its female employees.

Meanwhile, the tech industry, a significant component of the Irish economy, displayed conflicting outcomes. Examples include Google (5%) and HubSpot (23 per cent).

The system has been called for to be expanded to include more firms notwithstanding the benefits of the mandated reporting.

Additionally, Siptu, which estimated a 13% gender wage difference, has encouraged the government to set up a centralised database so that data can be easily accessible, looked through, and compared.


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