You’ve probably heard that all UK employers with over 250 employees need to publish a gender pay gap report from this April. This is to show if there’s any difference in the average pay between all men and all women in an organisation.
We’ve just published ours on our website and the Government’s website.
What does our report show?
Our numbers are better than the national average, but like most large employers we do have a gender pay gap. There are lots of reasons why, but it’s mainly due to us having more men in senior positions than women.
Equality is one of our Co-op values, so we know we can do better than this. We’re working on it, but it’ll take time.
For the first time we now have more women on our Executive than men. So while there’s more work to do at other levels, we’ll keep challenging ourselves to follow the example set by our Executive.
What are we doing to fix it?
In 2017 we launched our diversity and inclusion strategy, focusing on building a culture that’s equal, diverse and inclusive, with a number of activities around gender balance. One of our key aims for 2018 is to launch an Inclusion Council, which will help us deliver our D&I strategy.
We also have a diversity and inclusion policy, that sets out our commitments, and what we expect of colleagues. We’ll continue to make sure that our managers and colleagues are aware of this, and why it’s so important.
Chief People Officer