Gender Pay Reporting

Gender Pay Reporting

Stateside Foods Ltd Gender Pay Report

The information below is based on the snapshot of data for the 5th April 2023, reporting date of 5th April 2024.

 

Pay Information

 

The mean gender pay gap percentage: 11.9%

The median gender pay gap percentage: 7.2%

 

Stateside Foods Ltd is an equal pay employer. All employees are paid the same rate for doing the same job. There is no difference between the rates paid to men and women.

The overall reason for the gap is likely to be an under-representation of women at senior levels.

Actions over the years have kept our gender pay gap to a lower level; however, we are aware that we need to do more to help reduce the gap and ensure we are leading a positive change.

 

Quartiles

 

Of the 270 employee’s in the lower quartile 140 are male and 130 are female.  This means 51.85% are male and 48.15% are female.

Of the 269 employee’s in the lower middle quartile 208 are male and 61 are female.  This means 77.32% are male and 22.68% are female.

Of the 269 employee’s in the upper middle quartile 197 are male and 72 are female.  This means 73.23% are male and 26.77% are female.

Of the 269 employee’s in the upper quartile 196 are male and 73 are female.  This means 72.86% are male and 27.14% are female.

 

Bonus Information

The mean gender bonus pay gap percentage is 68%

The median gender bonus pay gap percentage is 0%

Out of 741 relevant male employees 18 were paid a bonus.  Out of 336 relevant female employees 3 were paid a bonus.  This means 2.43% of all relevant males were paid a bonus and 0.89% of all relevant females were paid a bonus.

 

What we are doing to improve our Gender Pay Gap?

We are actively looking at ways to address the gender pay gap throughout our business, and have a range of initiatives in place to do this. Some of these are detailed as follows:

 

Recruitment

We are an equal pay employer and pay employees the same rates of pay for the same grade regardless of gender.

As an employer we want to employ the best person for the job and pay competitive rates to attract talent. We currently recruit based on our employee behaviours, which reduces unconscious bias and ensures that we have a fair recruiting process.

In certain roles and functions males and females are often represented more than in other roles, an example of this is that males tend to dominate engineering roles which generally attract a higher pay rate than other, more female dominated roles.

Through our various initiatives, we are also encouraging more females to enter roles which, historically, have tended to be male dominate.

 

Employee Benefits

We have enhanced our employee benefits offerings with additional maternity pay to attract key skills and talent back into the workplace after maternity leave.

 

Training & Development

We continue to encourage the career development of all our employees and pay attention to our promotion and recruitment practices about gender.

We recognise that our most important resource is our employees. We develop our people providing them with nationally recognised qualifications and ensure that all employees gain necessary skills to reach their full potential.

Our recent growth has enabled many of our employees to advance their careers through the opportunities that we create at all levels of our company. We have always been an organisation where people can thrive and develop regardless of their gender.

With further development of our initiatives we believe it will help improve our gender pay gap further and help us on our way to becoming a leading diverse organisation.

I confirm the information published above is accurate.

 

Signed

Jonathan Lucas
Managing Director