Gender pay gap

Government legislation requires that UK businesses with 250 employees or more publish information on the difference between average earnings for men and women within their organisation.

Moneypenny staff are paid equally for equivalent roles across the business, regardless of gender. PAs represent 77% of our workforce and are predominantly female, earning on average 6% mean and 2% median more than male colleagues. Overall however, the gender pay gap in the company is 27% mean and 14% median in favour of men as 53% of men work in IT, marketing, sales or senior management.

Legislation also requires that we publish bonus figure variations. The PAs, who are 81% female, receive bonuses 51% mean and 32% median in their favour, whilst overall in the company bonuses are 23% mean in favour of women and 6% median in favour of men (which reflects the different roles).