Gender pay reporting legislation requires employers with 250 or more employees to publish statutory calculations every year showing how large, if any, the pay gap is between their male and female employees, expressed relative to men’s earnings.
We, the employer, are required to publish six calculations showing our:
|1.||Average gender pay gap as a mean average.|
|2.||Average gender pay gap as a median average.|
|3.||Average bonus gender pay gap as a mean average.|
|4.||Average bonus gender pay gap as a median average.|
|5.||Proportion of males receiving a bonus payment and proportion of females receiving a bonus payment.|
|6.||Proportion of males and females when divided into four groups ordered from lowest to highest hourly rate of pay.|
i4 Pay Partners Limited report is published as at the 5th of April 2023.
|1.||Difference in hourly rate of pay – mean:||25.69%||Male dominance|
|2.||Difference in hourly rate of pay – median:||26.9%||Male dominance|
|3.||Difference in bonus pay – mean:||47.4%||Male dominance|
|4.||Difference in bonus pay – median:||54.7%||Male dominance|
|5.||Percentage of employees who received bonus pay:||Male:||98.4%|
|6.||Employees by pay quartile:|
|Quartile||Male %||Female %|
|Lower Middle Quartile||23.3%||76.7%|
|Upper Middle Quartile||24.9%||75.1%|
i4 Pay Partners is a fully compliant Umbrella company and as such is an employer to contractors and temporary workers in the UK. This allows the individual to carry out multiple assignments, through various recruitment firms, whilst having the benefit of just one employer and being eligible for all statutory employee rights and benefits.
Umbrella companies by their very nature do not have the same control over the gender make up or the salaries of their employees as other employers do. These are very much governed by the sector in which the contractor works and their hourly rate is generally agreed between the individual and their recruitment firm/end client prior to the commencement of employment with the Umbrella company.
This statement confirms that the published information is accurate as at the time of publishing and is signed by Nicholas Stevenson, Director.