Gender Pay Gap

GENDER PAY GAP REPORTING 05/04/2017

All private and public organisations in the UK with more than 250 emloyees are now required to report on their “Gender Pay Gap” (GPG). The GPG shows the difference between the average (mean or median) earnings of men and women, expressed as a percentage of men’s earnings. The regulations require the following specific calculations to be made:

  • Mean gender pay gap
  • Median gender pay gap
  • Mean bonus gender pay gap
  • Median bonus gender pay gap
  • The proportion of males and females reciving a bonus payment
  • The proportion of males and females in each quartile band

Lawrence Hunt & Co Ltd mean and median pay gaps.

Hourly Rate Gaps Percentage Difference
Mean 12.5%
Median 6.3%


Lawrence Hunt & Co Ltd bonus pay gaps
.

Bonus Gaps Percentage Difference
Mean 79.4%
Median 82.6%

 

Bonus Proportions Proportion Receiving a bonus
Male 75.5%
Female 78.3%

 

Lawrence Hunt & Co Ltd quartile bands.

The quartile bands rank all employees by their hourly rates of pay and divides them into four equal groups showing the proportion of male and female employees falling into each group.

Gender Lower Lower Middle Upper Middle Upper
Male 18.3% 8.7% 9.5% 37%
Female 81.7% 91.3% 90.5% 63%

 

Philippa Bailey

Finance Director