The measures follow the BHS pension furore and worry about the spread of zero-hours contracts. UK firms will be required to disclose their racial pay gaps for the first time, according to a commitment in the Conservative Party manifesto expected to be released on Thursday 18 May. The Trades Union Congress argues that a 10% pay gap currently exists for black and minority ethnic workers with degrees. Labour has pledged to introduce legislation requiring companies to publish data about race and gender pay gaps, but it is unclear whether this would apply only to FTSE 100 firms. Companies will also be required to publish information about pay gaps at different grades and for different ages. Last month, the Conservatives announced that larger companies would need to disclose their gender pay gap.
UK firms will be required to disclose their racial pay gaps for the first time, according to a commitment in the Conservative Party manifesto expected to be released on Thursday 18 May. The Trades Union Congress argues that a 10% pay gap currently exists for black and minority ethnic workers with degrees. Labour has pledged to introduce legislation requiring companies to publish data about race and gender pay gaps, but it is unclear whether this would apply only to FTSE 100 firms. Companies will also be required to publish information about pay gaps at different grades and for different ages. Last month, the Conservatives announced that larger companies would need to disclose their gender pay gap.