Gender Pay Gap Report
Carpetright is pleased to announce a gender pay gap well-below the UK national average and the average for the retail industry. This report, which has been published in-line with the new Government legislation, shows that we have a 5.1% mean and +3.6% median pay gap, the retail average is +17.6% mean, +9.1% median.
Wilf Walsh, Carpetright CEO said:
“We take equality seriously at Carpetright, treating people fairly regardless of age, colour, creed, disability, full or part time status, nationality or ethnic origin, race or sexual orientation. The issue of gender equality, or imbalance, is important to us, and we are working towards closing of Gender Pay Gap.”
What is the Gender Pay Gap?
All companies with 250 or more relevant employees are required to report on specific gender pay information annually. It is a measure of the difference between the average earnings of men and women across an organisation, regardless of the nature of their work. The gender pay gap is not the same as equal pay, which relates to men and women being paid equally for equal work.
Businesses are required to report on a set of standard measures which are calculated in a set way, these include: The difference between average hourly rates for male and female colleagues, expressed as both mean and median averages. The difference between the average amount of bonus earned between male and female colleagues, again expressed as mean and median averages. The percentage of male and female colleagues who have received a bonus and the percentage of male and female colleagues in each pay quartile.
The Carpetright Gender Pay Gap Reports are available below: