From 6 April 2017 employers in Great Britain with more than 250 staff are required by law to publish the following four types of figures annually on their own website and on a government website:
1. Gender pay gap (mean and median averages)
2. Gender bonus gap (mean and median averages)
3. Proportion of men and women receiving bonuses
4. Proportion of men and women in each quartile of the organisation’s pay structure
The following report shows IG Design Group UK Ltd gender pay gap using payroll detail from April 2017.
– IG Design Group UK Ltd employs 293 males and 201 females.
– The Company is an equal opportunities employer.
– Males and females in equivalent roles are paid equivalent rates.
– The report does however show a gender pay gap but the commentary explains the gaps.
– The Company is committed to reducing our gender pay gap.
HR Director – IG Design Group UK Ltd
Gender pay figures for IG Design Group UK Ltd
The figures below are derived from the payroll of April 2017 and the bonuses paid in the year up to the 5th April.
‘The gap’ explained
The gap is primarily due to fewer females in senior positions within IG Design Group UK Ltd.
The Senior Management Team (SMT) is made up of 10 males. The mean Gender pay gap actually reduces to 8.35% if the SMT figures were excluded.
Bonus figures are also driven by the same situation of less females in senior positions and heavily skewed by the SMT figures. The median bonus figure however is relatively close.
What are we doing to reduce the pay gap?
Since April 2017 IG Design Group UK Ltd has recruited six females in the ‘Upper’ quartile bracket, this has increased the female proportion of the ‘UK Leadership Team’ from 23% to 30%.
IG Design Group UK Ltd also introduced an internal ‘Development Academy’ in October 2016. In the inaugural programme 50% of the candidates in the Academy were female.
In 2015 IG DG UK Ltd introduced a Graduate Programme and both recruits were female and have been retained in the business and both promoted within 12 months of becoming permanent.
The business remains committed to reducing the GPG in the Upper and Upper Middle quartiles particularly.