Gender Pay Gap Report 2023: Sherry Fitzgerald Analysis & Actions
The Gender Pay Gap Report 2023 by Sherry Fitzgerald reveals a 29% mean gap and a 30% median gap in hourly remuneration between men and women, showing improvement from the previous year. The report highlights the distribution of male and female employees across pay quartiles and bonus remuneration percentages. Sherry Fitzgerald has taken proactive measures to address the gender pay gap, focusing on HR policies, recruitment processes, diversity initiatives, and promotion transparency to achieve gender balance and equality in the workplace.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Sherry FitzGerald GenderPayGapReport 2023
3 Gender Pay Gap 2023 SherryFitzGerald Group GenderBreakdown 39% 61% Female Male
5 Gender Pay Gap 2023 Initialfindings A comprehensive analysis was carried out across the business from the 1st of July 2022to the 30th June 2023. Thereportisbasedonthehourlyratesofpay andbonuspay between menand women. Ourdata showsthatthereisa29% mean gap (in comparison to a 30%meangap in 2022)anda30% median gap in hourly remuneration (in comparison to a 28%median gap in 2022). Followingthis exercise,we are clearthatour pay gaparisesasa resultofa greater proportionofmalesinseniorpositionsinspecific areas ofthebusiness. Wearesatisfiedthatwehave payparityformenandwomen incomparableroles. Employeesare paidonasalarybandapplicabletotheirrole.
Quartiles The percentage of male and female employees in each quartile pay and band In quartile 1 we have a representation of 54% men and 46% women In quartile 2 we have a representation of 40 % men and 60% women. In quartiles 3 and 4 our data shows a higher representation of women than men. (72% women and 28% men quartile 3 and 67% women and 33% male in quartile 4)
Bonus Gender Pay Gap Percentage of male and female employee that received bonus remuneration Regarding bonus renumeration 53% Gap of males are in receipt of bonus compared to 47% of women. The Mean 3% mean bonus gap is 3% while on a median basis the gap is 14%. Median 14% % In receipt of Bonus Male 53% Female 47%
8 Gender Pay Gap 2023 Actions to date to address theGenderPayGap Weare passionateaboutattracting andretainingtheverybestpeopleandassuch,are constantlyreviewingourHR policiesandpeople strategies.Asacompanywearecommittedandstronglysupportthenarrowingofanygenderpay gapandassuchwillpromotecurrent bestpracticesandcompanyobjectivesaslistedbelow. Recruitmentprocess reviewed and updated job advertisements and job titles to represent gender neutral language. Raisedawarenessofallourfamilypolicieswhich equallysupport allgenders. Ongoing industry benchmarkingto supportpaytransparency withintheorganisation. Introduced initiatives to champion Diversity and Inclusion through our People, Value and Culture committees as part of our ongoing people plan. Reviewedgenderbalanceinrelationtoourpromotion processwithfull transparencyintheselectionprocess. Continue to Champion theflexibleworkingcultureformenandwomen acrossourbusiness. Continue to promote a framework of gender balance as part of future succession planning and career progression particularly in the upper quartile of senior positions. Whilechallengesandobstaclesexist,weare committedtocreatingparityacrossallgendersintheworkplaceand createabettercultureforgenderbalance, transparency,andequality.
