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Following our latest report, we’re delighted to announce that we’ve closed our gender pay gap.
After making steady progress over recent years, we’ve been able to reduce our median gender pay gap from 13.5% to 0%. This means that for every £1 earned by men, women earned exactly the same. This is a huge achievement, of which we’re incredibly proud.
Through a rigorous set of benchmarked salaries for each role, we’re committed to rewarding and paying our staff fairly, and making sure there’s no divide in our workforce. Our employees should be paid according to the job they do, not a characteristic like gender or ethnicity.
We value and recognise the importance of a diverse workforce to deliver our business objectives. It’s our aim to have an equal representation of gender at all levels and similar roles across our business.
We know that we still have some improvements to make in terms of hiring more women into certain roles. For example, there are far fewer women working in our trade’s roles, but through our inclusive recruitment and unconscious bias training we want to ensure we’re hiring as many women as we can into these roles. We currently have 15 (22%) women in trade management roles.
Supporting women in finding development opportunities to step up and ready themselves for managerial and leadership progression is also a big priority, so we’ll continue improving our approaches to do so.
Duncan Short, Group Resources Director, VIVID commented, “Having a 0% gender pay gap is something we feel is a great achievement”.
In addition, we have made real progress in closing our ethnicity pay gap to 4.3%. Whilst it's not mandatory to disclose pay on ethnicity grounds, we continue to believe it remains the right thing to share.
We’ll keep promoting our inclusive culture and ensure that VIVID remains a great place to work.
You can find more information and read our 2022-23 gender pay and ethnicity reports in full by clicking the below:
Having a 0% gender pay gap is something we feel is a great achievement.