Gender Pay Gap Reporting 2018
At Silentnight, we take equality seriously. We are committed to creating an inclusive and diverse place of work where all employees can be at their best. This is imperative to ensure we continue to be at the forefront of quality, service and innovation – our core brand values. We believe that pay equality is of high importance and we welcome the new legislation for companies to be more transparent on gender pay.
Our Gender Pay Gap
We have prepared our first gender pay gap report to comply with the Gender Pay reporting Equality act 2010 (Gender Pay Gap Information) Regulations 2017.
The gender pay gap is a measure of the difference between the average earnings of men and women across the group.
This involves carrying out six calculations that show the difference between the average earnings of men and women in our group, and does not involve publishing individual employee data. The results of these calculations can be found below.
Our mean gender pay gap is 12.7% and our median is 10.8%. This means that men are earning more than women. A further analysis shows that the reason for the differences in average pay is due to the number of males in senior roles.
Our Bonus Pay Gap
Our mean bonus pay gap is 9.2% and our median bonus pay gap is 18.2%. These calculations are based not only on bonus pay but also on commissions earned.
Our male/female split shows across the quartiles are broadly in line with the number of women in the workforce which show us that women are represented and able to gain equal opportunities across all areas of the workforce.
The board is confident that where roles are identical within the business staff are paid comparable rates of pay irrespective of gender.
We confirm the information and data reported is accurate as of the snapshot date of 5th April 2018.
Chief Operational Officer