KNIGHTS OF OLD GENDER PAY GAP REPORTING
Knights of Old Group are proud to publish their Gender Pay Gap information in accordance with the Equality Act 2010 (Gender Pay Gap Information) regulations 2017. The information provided below represents the period from the 05th April 2018 to the 04th April 2019.
|
Pay Gap |
|
|
Employee Demographic |
|
|
% Male |
82% |
|
% Female |
18% |
|
Mean Gender Pay Gap |
5.24% in favour of male employees |
|
Median Gender Pay Gap |
4.38% in favour of male employees |
|
Quartile Analysis |
||||
|
Top Quartile |
Male Employees |
83.95% |
Female Employees |
16.05% |
|
Upper Middle Quartile |
Male Employees |
82.50% |
Femle Employees |
17.50% |
|
Lower Middle Quartile |
Male Employees |
81.71% |
Female Employees |
18.29% |
|
Lower Quartile |
Male Employees |
79.01% |
Female Employees |
20.99 % |
|
Total |
Male Employees |
82% |
Female Employees |
18% |
|
Bonus Gap |
|||
|
Mean Gender Bonus Gap |
29.36% in favour of male employees |
Proportion of male employees in receipt of a bonus |
8.68 % |
|
Median Gender Pay Gap |
74.44% in favour of male employees |
Proportion of female employees in receipt of a bonus |
3.39 % |
ANALYSIS
Gender Pay Gap
Knights of Old’s gender pay gap remains small though it has increased from last year’s figures. Knights of Old are committed to pay equality in all areas of our business and our current gap is significantly lower than the national average gap of 17.9%. Whilst we are still pleased with our pay gap report as we operate in a male dominated industry, we acknowledge that we must continue to focus on this subject in order to reduce this gap.
Bonus Pay Gap
We acknowledge that our bonus pay gap remains substantial and this is due to there only being a bonus scheme in place for HGV drivers and only 1.6% of our HGV driving population are female. We accept that we have more work to do in the recruitment of women HGV drivers and our driver apprenticeship scheme is attracting new female drivers, just not in the numbers hoped for.
Actions
We are continuing our work to ensure equality and diversity across all areas of the company and are focusing on attracting more women into our company. We have recently appointed a female Financial Director to the Executive Board and are looking to recruit more women into senior positions within the group. As last year our driver apprenticeship scheme has had some success in bringing new women drivers into the industry and we are continuing our work with local schools to attract young men and women into our industry. We continue to encourage flexible working for all staff and ensuring that there is always equality of pay regardless of gender.
The data presented in this report and accurate and has been approved by the Managing Director.
Human Resources Director
Knights of Old Group
