Gender Pay Gap Report

Gender pay gap report

The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 require all employers with 250 or more employees to publish specified gender pay gap data. Swann-Morton Limited has calculated the required figures and at the snapshot date of 5 April 2021, our gender pay gap data was as follows:

The mean gender pay gap is 30.8%

This means the difference between the average hourly pay of men and women, expressed as a percentage.

The median gender pay gap is 27.6%

This means the difference between the median hourly pay of men and women, expressed as a percentage.

The mean gender bonus gap is 30.8%

This means the difference in average bonus payments received by men and women, expressed as a percentage, and reflects the mean gender pay gap since our bonus payments are salary-based.

The median gender bonus gap is 27.6%

This means the difference in median bonus payments received by men and women, expressed as a percentage, and reflects the median gender pay gap since our bonus payments are salary based.

The proportion of both male and female employees eligible for a bonus is 100%.

Employees by pay quartile

Band Quartile Male % Female %
A Upper 78 22
B Upper middle 56 44
C Lower middle 14 86
D Lower 29 71

Explaining the gender pay gap

As an engineering and manufacturing company, the routes of progression through the company have traditionally begun in production and technical areas. Historically, these areas have been almost exclusively male, and this is still the case today, not only at Swann-Morton but throughout our industry sector. This is the crucial factor that needs to be taken into consideration when seeking to understand our gender pay gap. Band A above includes all our directors and senior managers, the majority of whom are men who began working at the company in technical and production roles and progressed into management.

Reducing the gender pay gap

Swann-Morton Limited is proud to be an equal opportunities employer and does not discriminate on the grounds of sex, race, religion or belief, age, marriage or civil partnership, pregnancy or maternity, sexual orientation, gender reassignment or disability. We strive to pay employees equally for the same or equivalent work regardless of their sex or any of the other characteristics set out above. We recognise that our gender pay gap remains significantly above average, and that although there have been some small improvements, much remains to be done.