Mayors join finance minister to discuss, share feedback on landmark tax

B.C. introduces pay transparency reporting tool

June 5, 2024 at 9:58 am  BC, News, Politics, Provincial

A new, online reporting tool has been created to support B.C. employers with an efficient way to prepare pay transparency reports.

Pay transparency reports are a requirement under B.C.’s Pay Transparency Act, which passed into law May 11, 2023.

The pay transparency reporting tool allows employers to upload unidentifiable data on employees’ gender and pay, which will then generate an automated report.

By Nov. 1, 2024, all B.C. employers with 1,000 or more employees are required to prepare and post reports about their gender-pay gaps.

The requirement has been introduced in stages to give employers time to prepare.

  • Nov. 1, 2023: BC Public Service Agency and the six largest Crown corporations (ICBC, BC Hydro, WorkSafeBC, BC Housing, BC Lottery Corporation and BC Transit)
  • Nov. 1, 2024: all employers with 1,000 employees or more
  • Nov. 1, 2025: all employers with 300 employees or more
  • Nov. 1, 2026: all employers with 50 employees or more

In addition, as of last year, all employers in B.C. are required to include salary or wage information on all publicly posted jobs.

According to the Indeed job-posting website, this has resulted in a significant increase in wage information available. Forty-nine per cent of postings on the Canada-wide website included pay details as of February 2024; however, job postings in B.C. featuring pay details have now increased to 76%. Government continues to work with employers to increase that further and support more employers to comply.

Drawing on data from Statistics Canada and pay transparency reports posted by employers last year, the Province has published its first pay transparency annual report. The annual report provides an overview of the gender pay gap in B.C. by sector, employment type and intersectional identities, such as Indigeneity, race, ethnicity, newcomer status, disability, sexual orientation and gender identity.  

In 2023, women in B.C. earned 17% less than men, based on median hourly wages. For Indigenous, racialized and newcomer women, the gap is higher.

According to Statistics Canada, for every dollar a man made in 2023:

  • racialized women made median earnings of 76 cents;
  • Indigenous women made median earnings of 80 cents; and
  • newcomer women made median earnings of 81 cents.

Learn More:

For more information about the pay transparency tool:
https://paytransparency.fin.gov.bc.ca/login

For more information about the pay transparency annual report:
https://www2.gov.bc.ca/assets/gov/british-columbians-our-governments/services-policies-for-government/gender-equity/annual-report-2024.pdf

For more information about pay transparency in B.C.:
https://www2.gov.bc.ca/gov/content/gender-equity/pay-transparency-in-bc

View the full article from the original source

No conversations yet

Activity Stream

Thu, Dec 5, 2024 at 8:00 am - David Suzuki posted on their blog: Industry hijacks global climate and biodiversity summits
Wed, Dec 4, 2024 at 9:00 am - Doug Smith posted on their blog: Hiking the Uplands Trails in Fall
Sat, Nov 30, 2024 at 9:00 am - Doug Smith posted on their blog: Low Iron – Triple Lumen Hike
Thu, Nov 28, 2024 at 8:00 am - David Suzuki posted on their blog: Do these politicians understand carbon?
Wed, Nov 27, 2024 at 3:04 pm - Kamloops Film Society posted on their blog: KFS Holiday Giving – Nov 2024 – The Kamloops Film Society
Tue, Nov 26, 2024 at 9:00 am - Doug Smith posted on their blog: Sugarloaf Hill Hike – KamloopsTrails
Fri, Nov 22, 2024 at 9:00 am - Doug Smith posted on their blog: A Fall Hike to Moul Falls
Thu, Nov 21, 2024 at 8:00 am - David Suzuki posted on their blog: Climate progress is unstoppable, despite U.S. election
Mon, Nov 18, 2024 at 9:00 am - Doug Smith posted on their blog: Dewdrop Ridge – Bluebird Trail Loop
Fri, Nov 15, 2024 at 9:00 am - Doug Smith posted on their blog: Upper Grasslands Track – KamloopsTrails
Full Stream

Upcoming Events

KAG: Presences
Thursday Sep 26 to Thursday Dec 19
KAG: Stories That Animate Us
Saturday Oct 5 to Saturday Dec 28
Adult 6 Week Mixed Media Workshop
Monday Nov 4 to Monday Dec 9
Winter at Privato
Sunday Nov 17 to Sunday Dec 22
WCT: Disney’s Beauty and the Beast
Thursday Nov 21 to Monday Dec 8
Meet Santa at Sahali Mall
Saturday Nov 30 to Monday Dec 23
Gingerbread House Competition 2024
Sunday Dec 1 to Tuesday Dec 24
Kamloops Comedy Open Mic
Wednesday Dec 4
All Events