Thousands of companies yet to report their Gender Pay Gaps as deadline looms, Isio finds

With just one month remaining before the Gender Pay Gap reporting deadline on 4th April, analysis vy Isio revealed that thousands of companies are yet to submit their data.

While there has been a positive trend in timely reporting, with the number of companies submitting late falling from 14% in 2020/21 to 9% in 2023/24, many businesses continue to struggle with the deadline.

This raised concerns over last-minute reporting and the risks of non-compliance.

Last year, two-thirds of late submissions were over a week late, and one-third took more than a month to file.

At this stage in the reporting cycle, around 2,400 companies have already submitted their data, which is in line with last year.

This suggested that nearly 9,000 companies still need to report in the coming weeks.

Isio’s analysis of previous years showed that nearly half of all submissions typically occur on the final week before the deadline.

Mark Jones, reward and benefits partner at Isio, said: “It’s encouraging to see more companies reporting on time, but with thousands still outstanding, many will face last-minute pressure.