Gender Pay Gap Statement

2023 Gender Pay Gap Report

Ultraframe (UK) Limited (including other group entities) is a manufacturing company operating from 3 factory sites in the North West, and one of the biggest employers in the town of Clitheroe Lancashire. 

We aim to establish and maintain a working environment where all employees are treated fairly and equally, ensuring equal opportunities for all. We value our employees and appreciate the benefits of having an inclusive and diverse workforce.

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 2023, with reference to the ACAS guidelines where appropriate.

We have a slightly positive gender pay gap in our business which means that the average pay for men is slightly greater than that of women, although our median gender pay gap is negative. This is due to the structure of our manufacturing business, where like many other similar organisations, we receive very few female applicants for shop floor positions.

Men and women are paid equally for doing equivalent jobs across our business, and we value gender diversity across our workforce.

Pay and Bonus Gap

  Mean Median
Pay 1.2% -4.1%
Bonus 16.6% 19.1%

 

The proportion of males receiving a bonus was 97%, and the proportion of women receiving a bonus was 98%.

 

Proportion of Males / Females in Each Pay Quartile

  Males Females
Upper 81% 19%
Upper Middle 82% 18%
Lower Middle 89% 11%
Lower 86% 14%

 

Women are therefore underrepresented in all quartiles consistent with many other businesses in our sector, particularly those associated with Science, Technology, Engineering and Mathematics (STEM). It has been encouraging to note that at the time of writing (Feb 2024) the percentage of women working in the company has risen from 14% to 18% since the start of Gender Pay Gap reporting in April 2017.

As an organisation, we are confident that our existing policies regarding recruitment, reward, maternity and flexible working already contribute to our ability to attract and retain women within our organisation.

I confirm that the information in this report is accurate.

 

Kevin Bryer - Finance Director

 

26/02/2024

 

Archive:

2022 Gender Pay Gap Report 
2021 Gender Pay Gap Report →
2020 Gender Pay Gap Report →

 

 


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