Gender pay gap report
Person responsible for our Gender Pay Gap reporting:
Ms Claire Bayliss, CEO, Kennelpak Ltd, Palmer Drive, Stapleford, Nottingham, NG9 7BW.
Our written statement:
We have to report certain calculations regarding our Gender Pay Gap at the “snapshot date” of 5th April 2024. The figures reported are a true and accurate representation at this date.
What we calculated:
The MEAN hourly rate is the average hourly wage earned across the entire organisation. The mean gender hourly pay gap is a measure of the difference between women’s mean hourly wage and men’s mean hourly wage.
The MEDIAN hourly rate is calculated by ranking all colleagues highest to lowest paid and taking the hourly wage of the person in the middle, so the MEDIAN gender pay gap is the difference between the women’s median hourly wage (the middle-paid women) and men’s median hourly wage (the middle-paid man).
What this tells us:
Women’s MEAN hourly rate in our Organisation is 17.2% lower than men’s. In other words when comparing the mean hourly rates women earn 82.8p for every £1 that men earn.
This is an improvement of 28.3% versus our performance on the snapshot date in 2023. We are working towards a more balanced leadership team. Work continues to ensure we deliver further improvements.
Women’s MEDIAN hourly rate is 1.9% lower than men. In other words when comparing median hourly rates women earn 98.1p for every £1 men earn.
This is an improvement of 47.2% vs the snapshot date in 2023.
About our Organisation: Percentage of Women and Men employed by quartile:
Top Quartile: Women 62.5% / Men 37.5%
Upper Middle Quartile: Women 83.6% / Men 16.4%
Lower Middle Quartile: Women 88.9% / Men 11.1%
Bottom Quartile: Women 72.2% / Men 27.8%
Our part time, flexible contracts suit the home-life balance of our colleagues regardless of their gender.
Bonus Pay Gap:
Our Mean Bonus Pay Gap is 57.7% lower for Women than Men. This is a difference of 51.6 percentage points versus the snapshot date in 2023. In FY24 a thank you bonus was paid, in comparison with a performance based bonus in FY23, due to wider company performance. All colleagues are part of a companywide bonus scheme.
Our Median Bonus Pay Gap is 40.0% lower for women than men, a decline of 38.8% vs the snapshot in 2023, this has also been affected by the thank you bonus payment versus the performance bonus as mentioned above. For context 69.2% of all colleagues received a bonus. This is an increase of 10.9% vs the 2023 snapshot. Of the 69.2% who received a bonus 68.5% of all women, and 71.6% of all men received a bonus payment in the financial year up to the snapshot date.