Our pay quartiles The information to the right shows the percentage of men and women employed by Animal Friends within four equally sized quartiles, based on their hourly pay rate in April 2023. 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 women and men in each group.
How do we compare? Organisations across the
Mean vs. Median – what’s the difference? The mean pay gap is calculated by adding
Financial Services and Insurance industry face similar challenges to Animal Friends with respect to the number of women in both technical and senior roles. Consequently, our mean pay gap is similar when compared to other Financial Services and Insurance companies within the UK.
The median pay gap is simpler, calculated by ordering every man’s salary from the lowest to the highest and picking the number directly in the middle. This is also done for women. The median pay gap is the difference between these two numbers, given as a percentage.
up the salaries of our male colleagues and dividing this by the number of men we employ. The same is then done for female colleagues. The mean pay gap is the difference between these two numbers, given as a percentage.
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