Gender Pay Gap 2023

We recognise that we are one of the minority of organisations in the UK that consistently has a gender pay gap in favour of women. The ideal situation is to be a workplace where there is a gender pay balance between male and female employees – i.e. zero pay gap.

This page sets out further information explaining our most recent gender pay gap figures and also our plans to address the gap to help move us closer to where we want to be.

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Gender balance

• At 31 March 2023 we had a workforce of 514 staff with a gender balance of 54.8% male and 45.2% female. In 2022, the gender balance was 54.8% male and 45.2% female.

Bonus Pay

• Between 1 April 2022 and 31 March 2023, 94.02% of men and 87.5% of women received a bonus. In 2022, 50.49% of men and 38.2% of women received a bonus.

Pay and bonus comparison

Gender pay mean (average)

• For every £1 earned by our male employees, female employees earned £1.15.

Bonus pay mean (average)

• For every £1 of bonus given to male employees, £1.06 was given to female employees.

Difference (gap) between men and women for gender pay and bonus pay as a percentage

• The mean (average) gender pay gap is 14.7% in favour of women. In 2022 it was 14.14% in favour of women.
• The median (middle) gender pay gap is 27.95% in favour of women. In 2022 the figure was also 24.9% in favour of women.
• The mean (average) gender bonus gap is 5.58% in favour of women. In 2022 it was 60.51% in favour of women.
• The median (middle) gender bonus gap is 0%. In 2022 it was 193.37% in favour of men.

Pay quartiles and the proportion of men and women in each pay band.

• The proportion of men in the highest paid, upper quartile is 49.3%. In 2022 it was 47.86% men.
• The proportion of women in the highest paid, upper quartile is 50.69%. In 2022 it was 52.14% women.
• The proportion of men in the upper middle quartile is 35.4%. In 2022 it was 36.99% men.
• The proportion of women in the upper middle quartile is 64.49%. In 2022 it was 63.01% women.
• The proportion of men in the lower middle quartile is 65.63%. In 2022 it was 55.32% men.
• The proportion of women in the lower middle quartile is 34.38%. In 2022 it was 44.68% women.
• The proportion of men in the lowest paid, lower quartile is 75.18%. In 2022 it was 80.88% men.
• The proportion of women in the lowest paid, lower quartile is 24.82%. In 2022 it was 19.12% women.