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<p>Under this government the gender pay gap has fallen significantly, having fallen
from 19.8% to 14.3% over the last decade. In 2017, we introduced world-leading regulations
requiring large employers to publish the differences in average salaries and bonuses
for men and women every year. This has ensured that employers are aware of their gaps
and are taking steps to close them.</p><p>We know that reporting is just the first
step, but do not believe that setting arbitrary targets or a timetable will help to
drive the changes that we all want to see. The causes of the gender pay gap are complex,
and the wider societal shifts required to close it will take time.</p><p>Detailed
gender pay gap information is published annually by the ONS, and this includes sector-specific
data and analysis. ONS data shows that the gender pay gap has decreased across all
major occupational groups between 2022 and 2023.</p>
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