Burberry UK reports a 33.1% mean gender pay gap

Burberry UK reports a 33.1% mean gender pay gap

Fashion retail brand Burberry has reported a 33.1% mean gender pay gap for fixed hourly pay as at 5 April 2019.

The organisation which currently has 9,862 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.

The reporting regulations require organisations with 250 or more employees to publish the differences in mean and median hourly rates of pay for male and female full-time employees, the gap in men and women’s mean and median bonus pay, the proportions of male and female employees awarded bonus pay, and the proportions of male and female full-time employees in the lower, lower middle, upper middle and upper quartile pay bands.

Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been suspended for the 2019/2020 reporting period, however, some organisations have chosen to do so voluntarily.

Burberry’s median gender pay gap for fixed hourly pay is 10.3%, as at April 2019. On average women, earn 90p compared to every £1 their male counterparts earn.

Its mean gender pay gap for bonuses paid during the reporting period is 40%; which is a decrease from the 61.8% gap in 2018. The median gender pay gap for bonus payments is 23.2%, compared to 34% in 2018.

Over the reporting period, 78.7% of female employees and 76.3% of male employees received bonus payments. This is an increase of 0.2% and 2.1% since 2018.

Over half (56.4%) of employees in the highest pay quartile at Burberry are female, compared to 67.6% in the second quartile, 59.7% in the third quartile and 78% in the lowest pay quartile.

Marco Gobbetti, chief executive at Burberry, said: “In our third year of reporting gender pay gap figures, we have continued to support women across our organisation, evolving our internal policies, expanding our training and promoting more women into leadership roles.

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“However, we know we have more to do, particularly as our overall gender pay gap widened from our last report. We remain firmly committed to closing this gap, pledging to significantly narrow it by 2025.

“In terms of our progress, we are proud that we continued to have no gender pay gap in our retail teams, who account for a quarter of our UK employees. We saw an overall decrease in our bonus gap as more women received awards than in previous years. In senior management, Burberry was once again recognised as the FTSE 100’s top performer for women in leadership in the 2019 Hampton-Alexander Review.”