The gender pay gap measures the difference in the average hourly pay of women and men in an organisation. Gender pay gaps can be caused by a variety of factors, but typically the most significant cause is the distribution of men and women at different seniority levels, and pay grades, in an organisation. The smaller the proportion of women in senior, higher paid, roles, the larger the pay gap is likely to be. It’s important to differentiate between the ‘gender pay gap’ and ‘equal pay’. Equal pay legislation has been in place for over 40 years and focuses on ensuring that people performing work of equal value receive equal pay, regardless of their gender. As part of our annual performance management and pay review process we ensure that our people are being paid fairly based on their role, responsibilities, experience and performance.
New UK legislation has been introduced to specifically tackle gender inequality in the workplace by increasing transparency around the gender pay gap. Under the new rules employers with 250+ employees are required to measure and report their gender pay gap information each year. We have reported our figures on the Government portal and to provide additional information about our figures and what we’re doing to address the gap we have published our report Inclusion, Diversity & The Gender Pay Gap.