Gender pay gap reporting
The 'gender pay gap' refers to a disparity in average earnings between men and women. The World Economic Forum's Global Gender Gap Report 2024 estimates that it will take 134 years to reach gender parity globally, with economic inequality being a significant contributing factor.
A gender pay gap report examines the difference in the average earnings of men and women employed within a specific organisation. It is affected by how many of each gender are at a given grade, department, and position on the pay scale.
Our reports and resources
Gender pay gap reporting is a crucial tool for identifying and addressing gender inequalities in the workforce. In the UK, it is a legal requirement for any employer with 250 or more employees on 5 April each year to report their gender pay gap data.
As a global company, in 2024 we decided to go one step further, and we now voluntarily report on our gender pay gap worldwide in addition to our mandated reporting in the UK.
UK gender pay gap report 2024
The 2024 UK report for our ARUK Global Ltd. and Clever Consultants Ltd. (Brew Digital) entities, plus the parent company overview of Adaptavist Holdings Ltd.
Global gender pay gap report 2024
Our first global gender pay gap report, using April 2024's snapshot of data for all entities across The Adaptavist Group.
Understanding the gender pay gap: important terms
The gender pay gap, equal pay, and gender equality
- The gender pay gap is a measurable indicator of gender disparities in the workforce, highlighting areas where women may be underrepresented or underpaid compared to men.
- It is important to distinguish this from equal pay, which simply means paying men and women the same amount for identical work. Equal pay for identical work has been a legal requirement in the UK since 1970 with the Equal Pay Act.
- While the gender pay gap is a symptom of gender inequality, achieving gender equality involves addressing broader systemic issues beyond pay differentials. It encompasses fair treatment, representation, opportunities for advancement, and dismantling barriers that hinder women's progress in the workplace, including education and training.
What does 'average' mean?
- Mean: This is the total sum of all wages divided by the number of employees. It provides a snapshot of the 'average' wage within a group. However, outliers or extreme values can skew this figure, meaning it can be less representative of the overall earning pattern due to outliers, i.e., particularly high or low salaries.
- Median: Unlike the mean, the median is the middle value when all wages are arranged in ascending order. It gives us a more robust understanding of the typical earnings, as it's less influenced by extreme values.
- Average: The term 'average' is ambiguous and can refer to either mean or median, but is most often used interchangeably with the mean. If you see the term 'average' used throughout our reports, we are referring to the mean.