Mean Bonus Gap – 46.9%
our flexible working policy and our commitment to supporting new and existing talent at Animal Friends. For the second year at Animal Friends, the median bonus gap – which accounts for extremes at either end – was 0, which is significantly lower than the average gap in Financial Services (26.5%). At the time of this report, 41 women and 5 men were part-time workers.
46. 9%
Median Bonus Gap – 0%
0 %
12.1% more women than men received a bonus
Year on Year comparison 2021 Mean Bonus Gap was 81.4%
12. 1%
81. 4%
A higher proportion of women than men received bonus pay in the 12 months prior to April 2022 at Animal Friends, with 77.1% of women and 68.8% of men receiving bonuses. This difference can be attributed to more men than women joining Animal Friends outside of the qualifying calendar period for bonuses and, as such, becoming ineligible to receive a bonus. Our mean bonus gap remains higher than the Financial Services average (36.9%) but has fallen significantly year on year as a result of lower bonuses being paid at the most senior level. Bonus pay gaps are not adjusted for the number of hours worked. Therefore, a larger number of women working part-time will lead to a larger bonus gap, as bonuses were pro-rated for part-time working. We had a large increase in the number of women working part-time in this report (41 compared to 29 the previous year) which we believe is an excellent reflection of
2021 Median Bonus Gap was 0%
0 %
The mean bonus gap for 2022 (46.9%) has fallen but the median bonus gap has remained steady with our 2021 report at 0%. It is encouraging to see that our median bonus gap has remained at zero for the third year in a row.
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Gender Pay Gap Report 2022 – Animal Friends Insurance
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