Sustainable business: People - timeline of expected changes

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Sustainable business: People - timeline of expected changes

Overview

Introduction text

People

  • New immigration regime


    Current employer sponsored work visa routes will be replaced with new Skilled Worker and Intra Company Transfer routes in preparation for the end of the Brexit transition period. 

  • Hampton-Alexander gender diversity target for FTSE 350


    The target date for companies to meet the Hampton-Alexander Review aim of women representing one third of (i) FTSE 350 boards, and (ii) FTSE 100 executive committees and their direct reports. 

  • New immigration regime


    Free movement for nationals of the European Economic Area (EEA) and Switzerland will end and a new immigration regime will take effect. Non-British/Irish nationals not covered by the withdrawal agreement between the UK and EU will generally require visas for all but short-term visits to the UK, and they will not have an automatic right to work. 

  • Gender Pay Reporting


    Deadline for third round of gender pay gap reporting (reporting for 2020 was suspended due to Covid-19). 2021 figures will include employees on furlough which may skew results and will require additional explanation.

  • EU Settlement Scheme


    Deadline by which EEA and Swiss nationals covered by the withdrawal agreement between the UK and EU must apply for UK residence status.

  • Whistleblowing Directive


    Deadline for EU member states to transpose new Whistleblowing Directive, which will require all employer with more than 50 employees to have a whistleblowing policy, into national law. 

  • Parker ethnic diversity target for FTSE 100


    The target date for companies to meet the Parker Review aim of there being at least one director of colour on each FTSE 100 board. 

  • Whistleblowing Directive


    Comes into force. 

  • Parker ethnic diversity target for FTSE 250


    The target date for companies to meet the Parker Review aim of there being at least one director of colour on each FTSE 250 board. 

  • Ethnicity Pay Reporting

    No date

    Consultation on ethnicity pay gap reporting closed in November 2019. Parliament is set to debate mandatory ethnicity pay gap reporting following a public petition. No date has been set. 

Key contacts

Read Ed Mills Profile
Ed Mills
Read Rachel Woodburn Profile
Rachel Woodburn
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