You can download a copy of this report as a pdf from our website. Building on 100 years of experience, today aig member companies provide a wide range of property casualty insurance, life insurance. In accordance with the uk governments gender pay gap reporting regulations, in this report we publish our uk gender pay gap. As mandated by the gender pay gap reporting requirements, avaya uk provides the following data. Eight ways to understand your organisations gender pay gap. Understanding the wage gap between men and women is important in its own right, but all the more so now that so many families are left in poverty as a result of.
Equal pay has been a legal requirement for nearly 50 years. Last year we published our first gender pay gap report in compliance with new uk legislation that came into force in april 2017, requiring all companies with 250 or more employees to report their gender pay gap annually. Figure 3 main drivers and protective factors of the pay gap in the uk. The whole or any part of this report may not be reproduced, copied or transmitted, or any of its contents disclosed to third parties without state streets express written consent. In common with many other large employers, our gender pay gap is driven by employing more males then females at a senior level and employing more females in junior and support roles. Anthony baldwin chief executive, aig uk trudi johnson director of hr, aig uk 0420 american international group, inc.
It is a measure that shows the difference in the average pay between all men and women within a workforce. Hourly pay and bonus data under uk legislation that came into force in april 2017, all companies with 250 or more employees in the uk are required to report their gender pay gap annually. Difference mean hourly pay gap difference median hourly pay gap highest pay highest pay per hour how we calculate the mean difference as independent employers, our franchisees will each publish individual gender pay figures as required by government. Equal pay is the right for men and women to be paid the same when doing the same or equivalent work. Check out the most recent gender pay gap statistics and visualizations. Approximately 9,000 companies across the uk are reporting their gender pay gap in april 2018. The gender pay gap takes into account all roles at all levels of the organisation, rather than comparing pay received by women and men performing the same roles. Global gender gap report 2020 world economic forum. You can download a copy of this report in microsoft word and pdf formats from. For more information please read the press release from the minister for women and equalities and david isaac, chair of the equality and human rights commission.
Apart from the reduction in our median pay gap, other results have increased relative to 2017 and our analysis suggests this is caused by two key factors. Uk entities gender pay gap report 2019 credit suisse. Gender pay gap report this report refers to hilton uk hotels ltd. There has been a huge body of literature on the gender pay gap in the ukgreat. Overall, our gender pay gap in april 2017 was comparable to the uk gender pay gap of 18. Gender pay gap page 3 2019 gender pay gap report the data is combined of the uk rentacar, headquarters and hertz accident support workforce which accounts for over 1,000 employees and includes a variety of roles ranging from customer service and claims administration, to maintenance and sales, to finance, to human resources and marketing.
Mcdonalds restaurants limited gender pay gap report 2018. The gender pay gap is real, and it gets worse as women move up in their careers. An effective gender pay gap gpg action plan will help your organisation understand its gpg and signal to employees and the public your commitment to taking serious steps to tackle it. The gender pay gap is defined as the difference in the average pay between men and women.
However, what you do with the figures afterwards may require much more skill. Francine blau and lawrence kahn document these developments and explore the reasons both for. Our policies and practices, including those on pay, reflect and promote this commitment. Many factors contribute to the gender wage gap, and womens achievements. This briefing paper provides statistics on the size of the. Ons estimates suggest a median gender pay gap of 19. In addition, this years report examines gender gap prospects in the professions of the future. The gender pay gap measures the difference between average hourly earnings of men and women. In the same way as last year, we have reported our. We are committed to understanding and proactively reducing the gap by taking. This continues to support the assessment that this pay gap is driven by gender representation at the upper quartile, something we are actively working towards.
The gap for fulltime employees only was smaller at 9. The gender pay gap has always been a topic of interest, but in an attempt to increase awareness and improve pay equality, the uk government introduced compulsory reporting of the gender pay gap for organisations with 250 or more employees by april 2018 1. The gender pay gap is symptomatic of differences in gender representation in our industry. By 2010, conventional human capital variables taken together explained little of the gender wage gap. The government defined gender pay gap metric measures the difference between the average earnings of all females in the organisation and the average earnings of. Gender pay gap reporting has been mandatory since 2017. The uk gender pay gap does not measure or compare pay in likeforlike roles. If a workforce has a particularly high gender pay gap, this can indicate there may a number of issues to deal with, and the individual calculations may help to identify what those issues are. The gender pay gap shows the difference in average earnings between women and men across an. The report contributes to ongoing efforts to monitor the gender pay gap gpg in an effort to approach parity in pay for men and women. Uk gender pay gap a gender pay gap is a measure of the difference in the average pay of men and women regardless of the nature of their work across an entire organization, business sector, industry, or the economy as a whole. Equal pay ensures that men and women receive the same pay. While parttime women tended to earn slightly more than parttime men 6%, parttime women earned 36.
After decades of near constancy at 40 cents on the dollar, the gender pay gap has declined markedly. Cancer research uk gender pay gap vs equal pay equal pay is not the same as the gender pay gap. All sources of data are from state street unless otherwise stated. The gender pay gap shows the difference in the average pay between all men and women in a workforce. The gender pay gap equality and human rights commission. London has a smaller gender pay gap compared to the uk as a whole. Earnings include base pay, allowances and any bonus and other incentive pay. Unpaid care, house of commons briefing paper, july 2018 pdf. This briefing paper provides statistics on the size of the gender pay gap in the uk, looks at some of the reasons why the gender pay gap arises and discusses the duty on large employers to report on the size of the gender pay gap in their workforce. According to the annual survey of hours and earnings, the median gender pay gap for full and parttime workers in 2016 was 18. As 77% of organisations reporting in 201718 have a gender pay gap in favour of men, this guidance mostly refers to actions to support women. Elsevier limited is committed to equal pay and has policies in place to pay employees fairly for the role they do, irrespective of their gender. But in the past decade or so, progress has stalled. The gender pay gap in the uk institute for fiscal studies.
The pay gap measures basic pay, all allowances, bonuses and other cash benefts. The overall composition of our workforce in the uk is 70 per cent men and 30 per cent women. Gender pay gap in the uk labour market oxford scholarship. The official calculation for the 2018 gender pay gap is at a record low of 8. At nomura we value the wide range of clients, people.
Ibm uk gender pay gap the equality act 2010 gender pay gap information regulations 2017 require all companies employing 250 or more employees to publish their gender pay gap results. Bonus pay % apple uk gender pay gap report for 2017 2 understanding the gap the representation of women in our workforce drives our gender pay gap. Gender pay gap the gender pay gap is the measure of the difference in average pay between all men and all women across an organisation, regardless of their role, level, length of service or location and any other differentiating factors. Extent, trends, and explanations using psid microdata over the 19802010, we provide new empirical evidence on the extent of and trends in the gender wage gap, which declined considerably over this period. In accordance with the uk governments gender pay gap reporting regulations, in this report we publish our uk gender pay gap figures. Gender pay gap, as calculated and described in this report, is different from equal pay. The gender pay gap shows the difference between the average pay of all male and female employees irrespective of their roles, and reflects the gender balance within an organization.
Home foreword the gender pay gap results future page. There have been some important changes to enforcement of the gender pay gap reporting regulations this year due to the impact of covid19 on employers. Now in its 14th year, the global gender gap report 2020 benchmarks 153 countries on their progress towards gender parity in four dimensions. Gender pay gap vs equal pay although equal pay and the gender pay gap look at differences between womens and mens pay, they are two different issues and this needs to be remembered when reading this report. These results reaffirm that attention should focus on why men and women within. The uk governments intention is to encourage companies to act to close the. Understanding the gender pay gap in the uk office for.
Data reflects 12 months of compensation and analyses were conducted in accordance with the compulsory guidelines. Women who worked fulltime, yearround in 2014 earned on average, of mens median annual earnings. Uk gender pay gap reporting calculates the difference between the hourly earnings of men and the hourly earnings of women in a company. The gender pay gap is the percentage difference between men and womens median hourly earnings, across all jobs in the uk. What we need to calculate the legislation sets calculations to show the difference in hourly pay and other payments. Starbucks coffee company uk ltd gender pay gap report 2018. The uk government has brought in mandatory gender pay gap reporting requirements for all legal entities the gender pay gap is reported on both a mean average and with over 250 employees, for the period of may 2016 to april 2017. Gender pay gap in the uk office for national statistics. The latter compares pay of men and women at one company location at the same level, and with a similar role, experience and performance. Nomura recognises the value of an inclusive workforce. Although not required by statute, the below figures relate to all kpmg staff and partners. This gap increases later in life, with evidence from the united states that the bulk of the pay gap is a result of time taken off to raise children.
Economic participation and opportunity, educational attainment, health and survival and political empowerment. The gender pay gap shows the difference in average earnings between women and men across an organisation. A note on equal pay we are committed to equal pay for equal work, which has been mandated since 1970 in the uk. This report provides figures for mcdonalds restaurants ltd that operate in uk only, which. Kent county council gender pay gap reporting statement. The pay quartiles show the gender distribution across four equally sized quartiles.
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