John Cotton Group Limited – 2023 Gender Pay Gap Report

 

Pay and Bonus Gap

The gender pay gap is defined as the difference in the average pay between men and women. This differs from an equal pay gap, which is a failure to pay men and women like pay for like work.

Mean Median
Hourly pay 23.6% 7.3%
Bonus 85.3% 3.0%

The above table shows our mean and median hourly gender pay gap and bonus gap as at the snapshot date (i.e. 5 April 2023 (pay) and in the 12-month reference period to 5 April 2023 (bonus).

Our analysis of our gender pay gap shows that it is largely driven by the fact that there are more men in higher-paid, senior managerial roles within the business. When we adjust for this factor, our mean pay gap drops to B.2o/o, where any differences can largely be explained by skill set or time in role factors.

When looking at our bonus gap it is predominantly driven by two key factors, the first being by the amount of bonus paid to the shareholders and second that there are more men in senior managerial roles in the business. When we adjust for these two factors, our mean bonus gap drops to 17.2o/o in favour of males.

At John Cotton Group Limited, we are confident that men and women are paid equally for doing equivalent jobs across our business.

The proportion of employees receiving a bonus:

Male                 52.5%

Female             70.6%

 

Pay quartiles

Lower Upper
Lower Middle Middle Top
Quartile Quartile Quartile Quartile
Male 56.6% 62.7% 78.4% 81.7%
Female 43.4% 37.3% 21.6% 18.3%

The above tables illustrate the gender distribution across John Cotton Group Limited in four equally sized quartiles.

 

The above figures are confirmed as accurate by:

Nick Manning

Chief Executive Officer

13 March 2023

Click Here to download the report.