Gender Pay Gap

Woodie’s Gender Pay Gap Reporting 2023

Woodie’s Gender Pay Gap Reporting 2023

Introduction Woodie’s is sharing our Gender Pay Gap Report 2023 as required under ‘The Gender Pay Gap Information Act 2022’.

Our approach to colleague reward is gender neutral by design and is reviewed on an annual basis. We regularly review the employment market and available data to support our ambition of a fair & equitable reward structure for all colleagues at Woodie’s.

Our most recent data demonstrates strong progress in closing the gender pay gap; improving from 12.5% in 2022 to 4.2% in 2023. Some key changes we have made include achieving gender balance within our leadership team & continuing to make strides on gender representation across other levels within our operating structure.

At Woodie’s we promote equality, and are proud to be a welcoming, inclusive, diverse and safe place to work for everyone. In particular, we are actively working on plans to support all colleagues, regardless of gender, with tailored career development opportunities.

The data within the report was gathered on 30th June 2023. As of this point there were 1,429 employees in the business.

Woodie’s Gender Pay Gap Reporting 2023

Gender Pay & Equal Pay The gender pay gap is a figure that measures the difference in the average earnings of men and women, regardless of the nature of their work, across the business.

This is different to equal pay, which looks at the individual level and is about ensuring that men and women are paid the same for carrying out the same work, or work of equal value.

The evaluation of our gender pay data indicates that the difference in average pay is due to a larger number of men being in more senior, higher paid roles.

Woodie’s Gender Pay Gap Reporting 2023

Woodie’s Gender Pay Figures 2023 Gender Pay looks at the Mean and Median pay: Mean Pay ...

Is calculated by adding the total sum of male pay compared to the total sum of female pay.

Median Pay ...

Refers to the pay gap between the lowest paid colleagues and the highest paid colleagues.

Hourly Pay Gap Mean hourly pay gap

4.21%

Median hourly pay gap

-2.58%

Bonus Hourly Pay Gap Mean bonus hourly gap

-0.21%

Median bonus hourly gap

2.28%

Hourly Gap – Part time colleagues Mean Hourly Gap Part-Time Employees

-7.31%

Median Hourly Gap Part-Time Employees

-2.80%

Hourly Gap – Temporary colleagues Mean Hourly Gap Temporary Employees

-19.81%

Median Hourly Gap Temporary Employees

-8.12%

Woodie’s Gender Pay Gap Reporting 2023

Woodie’s Gender Pay Gap Figures 2023 Female

Male

Quartile Bands

% split of earnings by male and female for each quartile band

40.96%

48.94%

46.81%

57.45%

59.04%

51.06%

53.19%

42.55%

Q1 Lower

Q2 Lower Middle

Q3 Upper Middle

Q4 Upper

Benefit in Kind

% of males and females that received benefit in kind

15.75%

12.79%

Female

Male

83.01%

76.23%

Female

Male

Bonus

% of males and females that received bonus

Woodie’s Gender Pay Gap Reporting 2023

Our Aims Using the data from our Gender Pay Gap Report we are committed to: A continued focus on fair and unbiased recruitment processes for all applicants.

Offering development opportunities that support colleagues from all backgrounds in progressing their career at Woodie’s.

Updating and reviewing our family leave policies and flexible working processes to ensure they are up to date and supportive to all colleagues and future candidates within the business.