The Gender Pay Gap Regulations came into force in April 2017. The regulations mean that all employers with 250 or more employees are required to report their gender pay gap on an annual basis. The gender pay gap is defined as the difference between male and female average earnings in the time period, regardless of their role or seniority in the organisation.
One of Penumbra’s key strategic aims is to ensure a highly valued, skilled and involved workforce and Penumbra is committed to equality, fairness and openness in relation to gender pay.
Penumbra’s workforce is representative of the care sector as a whole and we have more female employees (74%) than male employees (26%). All employees, except Directorate, are paid a salary in line with our pay scales. All employees are paid the same hourly rate for the role regardless of their gender.
Penumbra has published its second Gender Pay Gap Report. The report has found that there is a -1.51% median gap and 0.88% mean gap between male and female pay. This is significantly lower than the ONS estimated national average of 17.9% for all employees..
The report identifies and explains a number of factors which explain the pay gap, and reaffirms Penumbra’s commitment to gender pay gap equality. The report also identifies improvements that the organisation can make to further promote gender pay equality.
The report can be downloaded here.
For more information please contact Communications on 0131 475 2549 or email email@example.com.