The Equality Act 2010 and Its Impact on Gender Pay Gap Reduction

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Added on  2023/01/13

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This report examines the impact of the Equality Act 2010 on establishing equality and diversity in the workplace, with a specific focus on reducing the gender pay gap. The research, conducted as a case study on Smith Brothers (Contracting) Ltd, outlines the project's aims, objectives, and a detailed project management plan. The report employs a qualitative research methodology, gathering data through questionnaires to assess employee understanding of the gender pay gap and the importance of workplace equality. The findings highlight the significance of inclusive environments and performance-based appraisals. The conclusion emphasizes the need for companies to foster diverse and equitable workplaces to remain competitive and improve their brand image. The report also includes a reflection on the research process and a list of references, providing a comprehensive overview of the topic.
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MANAGING A
SUCCESSFUL
BUSINESS
PROJECT
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Content
Title of Research Project
Aims and Objectives of Research
Data analysis and interpretation
Conclusion
Recommendations
Reflection
References
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To determine how Equality Act, 2010 help in establishing
equality and diversity in workplace so that gender pay gap can
be reduced.” A study on Smith Brothers (Contracting) Ltd.
Topic
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Aim of Research
To determine how Equality Act, 2010 help in establishing equality
and diversity in workplace so that gender pay gap can be
reduced.” A study on Smith Brothers (Contracting) Ltd.
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Objectives of Research
To determine the negative impact of gender pay gap with 1 month.
To evaluate that equal pay will help in increasing employee performance
by 25%.
To determine the ways in which equality and diversity can be
established in company within 2 months.
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Project management plan
A project management plan is a written document which give details
about each elements that are important for completing the project
on time and in an efficient manner. It give details about the way in
which project will be monitored, controlled and executed so that
all the tasks can be completed in a systematic manner to achieve
desired objectives of project
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Research Methodology
Qualitative approach: It is a method by which the non-numerical
data has been gathered. This research includes the definition,
meaning, concepts and doesn't includes the numbers and values
of the researched data. From this approach the data is collected
by conducting questionnaires, survey, polls, interactions etc.
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Q1) Do you know what is gender pay gap?
a) Yes b) No
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Q2) Do you think that equality and diversity in
place of work are important?
a) Yes b) No
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Q3) What are the importance of equality and
diversity at workplace?
a) Increase employee retention b) Work performance increases
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Recommendations
Smith Brothers (Contracting) Ltd should promote inclusive
environment in the company so that all the employees are included
in decision-making which will help in making decisions which are
beneficial to all.
The company must also promote performance based appraisals so that
each employee are paid based on how well they perform. This also
help in encouraging them to give their best in performing their work
which is important to derive fruitful results for the company.
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Conclusion
From this report it can be concluded that it is important for companies
to have inclusive and diverse working environment so that all the
employees of company can work together in an efficient manner.
Gender pay gap must be reduced in companies so that the company
can remain competitive in the market while building its brand image
by empowering women employees.
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