The Company is committed to ensuring that it complies with its obligations under the Gender Pay Gap Reporting Legislation (2017).
The Company has undertaken a Gender pay assessment for those employed by the business on 5th April 2018 in the UK (excluding NI) and its findings are detailed below.
To help explain the data, it is important to understand that in common with the manufacturing industry our workforce is predominantly male. At the 5th April 2018 snapshot date, our workforce was 76.3% male and 23.7% female.
Our Gender Pay Statistics
Gender Pay Gap
Although there is a gap, we’re significantly below the UK average and we can confirm that men and women are paid equally for doing equivalent jobs with equivalent experience.
Our gender pay gap compares favourably with those for the whole economy and the manufacturing sector as outlined in the October 2018 Office for National Statistics (ONS) Annual Survey of Hours & Earnings Figures:
When looked at in terms of cash amounts rather than percentages, the sums are comparatively small with a mean average difference of £508 and a median average difference of £260 per annum.
Proportion of men and women who received a bonus
The above bonus data is primarily driven by having more men than women working in our factories/warehouses where they receive production related bonuses such as attendance bonus.
All of the pay quartiles show higher percentages of men to women in accordance with the higher ratio of males to females employed.
We are encouraged that our gender pay gap results for this year continue to be consistently better than the averages across UK companies and we remain focused on building an inclusive and diverse workplace where everyone can succeed so that we can continue to exceed employee and customer expectations.
We also recognise that in the manufacturing industry we all face the challenge of ensuring there is a higher representation of women in senior positions and at Westland we are committed to driving this change.
I can confirm the information and data reported in this report is accurate as of the snapshot date 5th April 2018.
Group Finance Director