To highlight the importance of equality, the UK government has introduced legislation that focuses on the mandatory reporting on gender pay. All large UK companies employing more than 250 employees are required to publish a report on their gender pay gap.
All statistics were compiled using standard methodologies set out in the Regulations based on a “snapshot date” of 5th April 2020, with reference to the ACAS guidelines where appropriate.
Unfortunately this date coincided with a Covid-19 related shutdown of the business when only 20 employees of our 337 workforce were working.
The numbers produced are therefore not representative of our normal status. Had this not been the case our main numbers for Pay would have been -4.6% Mean (-0.8% 2019) and -14.9% Median (-3.8% 2019) i.e. we have a negative gender pay gap in our business which means that the average pay for women is slightly greater than that of men. This is due to the structure of our manufacturing business.
Men and women are paid equally for doing equivalent jobs across our business, and we value gender diversity.
The proportion of males receiving a bonus was 84%, and the proportion of women receiving a bonus was 83%.
I confirm that the information in this report is accurate.
Kevin Bryer - Finance Director
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