Fair Pay Services Limited – Gender Pay Gap Report 2024

 

The Gender Pay Gap is the difference between the average (mean or median) earnings of men and women across a workforce.

We are committed to treating all our employees fairly, equally and free from any unfair discrimination. Fair Pay Services is an umbrella employment company, we employ contractors across a broad range of industries working on multiple assignments. The contractors who we employ are sourced through recruitment agencies and/or end clients and subsequently negotiate their rates of pay directly with them.

We have no control or influence in deciding the gender mix of our employee’s, nor their rate of pay.

Gender Pay Gap 5 April 2023

 

Fair Pay Services median Gender Pay Gap is 1.9% This means that on average women earn £1.02 for every £1 that men earn.

Quartiles are calculated by dividing the workforce into four equal-sized groups and show the proportion of men and women in each quartile band, quartile 1 being the lowest earning and quartile 4 being the highest earning.

The overall gender split in the workforce was 44.63% women and 55.37% men.

The Gender Pay Gap is the difference between the average (mean or median) earnings of men and women across a workforce. The mean Gender Pay Gap displays the average.

This is calculated by adding up the wages of all the men and women employed and dividing it by the total number of staff in that group.

The pay gap is the difference between the mean figures for men and women.

 

Lower Quartile

 

Female 35.4% – Male 64.7%

Average Pay Rates per hour

                                                Mean                           Median

Male                                        £10.73                          £10.90

Female                                     £10.51                          £10.37

 

Second Quartile

 

Female 25% – Male 75%

Average Pay Rates per hour

                                                Mean                           Median

Male                                        £14.53                          £14.26

Female                                     £13.64                          £12.20

 

Third Quartile

 

Female 41.4% – Male 58.6%

Average Pay Rates per hour

                                                Mean                           Median

Male                                        £22.34                          £20.46

Female                                     £24.32                          £24.18

 

Upper Quartile

 

Female 70.7% – Male 29.3%

Average Pay Rates per hour

                                                Mean                           Median

Male                                        £54.10                          £47.16

Female                                     £44.22                          £41.63

 

Mean and Median explained

 

The median Gender Pay Gap displays men and women’s wages from highest to lowest and compares the number that is in the middle for each group. The difference in salary between the midpoint ranges is the pay gap figure. This tends to form the basis of most comparisons between organisations.

The mean Gender Pay Gap displays the average. This is calculated by adding up the wages of all the men and women employed and dividing it by the total number of staff in that group. The pay gap is the difference between the mean figures for men and women.