Pay Quartiles
What are pay quartiles? The information above shows the percentage of men and women employed by Animal Friends within four equally sized quartiles based on their hourly pay rate in April 2021. Quartiles are calculated by listing the pay rates for each colleague, from lowest to highest, splitting the list into four equal-sized groups and calculating the percentage of men and women in each.
Our quartiles explained Our median pay gap is smallest in the lower two quartiles, which typically include structured salary levels for roles which are not negotiated on joining the company. The Lower quartile for 2021 is higher than expected due to a significant number of female starters in April 2021. Due to their mid-month start dates, these individuals did not receive a full month’s pay and for the purposes of this reporting, it is not permissible to pro-rate their pay for the proportion of the month worked. The pay gap is largest in the upper two quartiles which is not uncommon – this in turn impacts our pay gap by bringing both the mean and median female salary down. Although the pay gap is skewed due to employing more women than men, more men are employed in senior positions than in lower positions, which brings both the mean and median male salary up.
5
Gender Pay Gap Report 2021 – Animal Friends Insurance
Powered by FlippingBook