By law every company in the UK with more than 250 employees must publish annual figures relating to their ‘Gender Pay Gap’. This is defined as:
- The mean and median differences in male vs female pay
- The mean and median differences in male vs female bonuses
- The respective proportions of male vs female employees receiving bonuses
- The respective proportions of male vs female employees in each of four ‘quartiles’ (or salary brackets) in the organisation’s pay structure
The majority of our figures have improved since our 2017 report and compare favourably to the UK average pay gap however we are aware that we need to improve the bonus differential and more needs to be done to improve the representation of women in senior roles across the business. This is why we are implementing a 'Better Balance' initiative with a goal of increasing gender equity across our business and our senior management level in particular.
It is our belief that in order to achieve better balance in the workplace, we need to place a greater emphasis on supporting women to rise to positions of leadership in our business. Our ‘Better Balance’ initiative is a key step in developing and encouraging opportunities for our female employees to take up leadership positions across our business.
We are pleased that through these efforts we have seen an improvement across three of the four key metrics over the last year and we aim to seek further improvement across all metrics going forward.
We have also seen continued positive uptake of our Smart Working initiatives which allow our employees to work flexibly where possible.
We remain committed to closing our gender pay gap and ensuring that Chivas Brothers remains a fair place to work.