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.
The above table shows our mean and median hourly gender pay gap and bonus gap as at the snapshot date (i.e. 5 April 2019 (pay) and in the 12 months reference period to 5 April 2019 (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 8.1%, 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 secondly 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 21.4%.
At John Cotton Group Limited we are confident that men and women are paid equally for doing equivalent jobs across our business.
The above chart illustrates the gender distribution across John Cotton Group Limited in four equally sized quartiles.
The above figure are confirmed as accurate by: