DMG Media reports 18.1% mean gender pay gap

Dmg media reports 18.1% mean gender pay gap

DMG Media, formerly known as media business Associated Newspapers, has reported an 18.1% mean gender pay gap for hourly pay as at 5 April 2019.

The organisation, which currently has 1,702  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.

DMG Media’s median gender pay gap for fixed hourly pay is 15.4%, as at April 2019. On average women, earn 85p compared to every £1 their male counterparts earn.

Its mean gender pay gap for bonuses paid during the reporting period is 44.9%; which is a decrease from the 52.4% gap in 2018. The median gender pay gap for bonus payments is 17.9%, compared to 12.4% in 2018.

Over the reporting period, 28.2% of female employees and 24.9% of male employees received bonus payments. This is an increase of 2.4% and 1.7% since 2018.

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Under a third, (29.3%) of employees in the highest pay quartile at DMG Media are female, compared to 34.7% in the second quartile, 36.3% in the third quartile and 49.4% in the lowest pay quartile.

A spokesperson at DMG Media, said: “The main factor in the gender pay gap in our organisation is the historically higher proportion of men working across the business, and less women working in senior roles, a pattern reflected across the industry, which we are working to improve over the coming years.”