Gender Pay Gap Report 2022

Pay Quartiles

Lower (0-25%)

Upper Middle (50-75%)

Quartile

70 %

52 %

Men %

30% 70%

Men %

48% 52% 6.4%

Women % Mean Gap Median Gap

-5.1%

1.0%

12.7%

Lower Middle (25-50%)

Upper (75-100%)

Quartile

77 %

38 %

Men %

23% 77% 1.7% 1.3%

Men %

62% 38% 6.6% 5.8%

Women % Mean Gap Median Gap

What are pay quartiles The information above shows the percentage of men and women employed by Animal Friends Insurance within four equally sized quartiles based on their hourly pay rate in April 2022. 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 group. 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 pay gap is largest in the upper two quartiles, which is typically what drives a gender pay gap. At Animal Friends, as a greater number of males are employed in senior positions than in the lower two quartiles, this is driving an increase in both the mean and median gaps. Please visit page 6 to read more detail on the reason behind this increase.

Gender Pay Gap Report 2022 – Animal Friends Insurance