Government legislation requires that UK businesses with 250 employees or more publish information on the difference between average earnings for men and women within their organisation.
Moneypenny staff are paid equally for equivalent roles across the business, regardless of gender. PAs represent 73% of our workforce and are predominantly female, earning on average 2% mean and 0% median more than male colleagues. Overall, the gender pay gap in the company is 24% mean and 0% median in favour of men as 35% of men work in IT, marketing, sales or senior management.
Legislation also requires that we publish bonus figure variations. The PAs, who are 81% female, receive bonuses 17% mean and 17% median in their favour, whilst overall the company bonuses are 72% mean in favour of men and 0% median in favour of female colleagues (which reflects the gender split across our different roles).