Recruitment organisation FDM has reported a median gender pay gap of -2.1% for April 2020, an improvement on the -1.7% on the year before.
The organisation, which currently has over 4,500 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.
FDM’s mean gender pay gap is 0.4%, as at April 2020, a significant improvement from the 5.7% pay gap reported in 2019.
Its median gender pay gap for bonuses paid during the reporting period is -3.6% compared to the -5%% pay gap in 2019. The mean gender pay gap for bonus payments is 9.6%, compared to 2.3% in the year before. Over the reporting period, 94.4% of female employees compared to 85.8% of male employees received bonus payments.
A third (33.5%) of employees in the highest pay quartile at FDM are female, compared to 34.8% in the second quartile, 27.6% in the third quartile and 31.9% in the lowest pay quartile.
FDM has successfully reduced its gender pay gap by focusing on recruiting, training and mentoring women all across the business, increasing the opportunities for high performing women at the business. Additionally, the business continues to sponsor the ‘FDM Every Woman in Technology Awards ‘ a ceremony dedicated to recognising female talent within the organisation.
Sheila Flavell, chief operating officer at FDM, said: “We have always been a strong supporter of gender pay gap reporting and are proud to announce a median gender pay of -2.1%, our best results to date. These figures underline the fact that we honour our commitment to building an increasingly diverse workforce and ensure women are given access to exciting new careers.
“Achieving these results has not been easy, it has required a concerted effort from the board and the wider business to ensure we have the right recruitment, training, and support systems in place to ensure pay is fair, even when employees have taken time out to have a family or career break.
“Developing the next generation of female leaders is critical for FDM’s continued success. Diversity is in our DNA and in times of disruption, FDM values and vision for the future will always shine through.”