As part of the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017, the Government requires organisations with 250 or more employees to report annually on the differences between average and median levels of pay for men and women. This difference is known as the ‘gender pay gap’.
Ricardo has two legal entities with 250 or more employees:
- Ricardo UK Ltd (which includes UK employees in Automotive, Commercial Vehicles, Motorsport, Motorcycle, Defence and Off-Highway Vehicles).
- Ricardo-AEA Ltd (trading as Ricardo Energy & Environment).