Hitachi Solutions reports mean gender pay gap of 22.3%

Hitachi Solutions reports mean gender pay gap of 22.2%

Hitachi Solutions has reported a mean gender pay gap of 22.3% for average hourly pay as at April 2019.

The organisation, which currently has 261 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.

Hitachi Solutions’s median gender pay gap is 20.2%, as at April 2019. On average, women earn 80p compared to every £1 their male counterparts earn.

Its median gender pay gap for bonuses paid during the reporting period is 27.3%; which is a significant decrease on the 41.3% gap in the year before. The mean gender pay gap for bonus payments is 44.7%, a slight decrease from 45.8% in the year before.

Over the reporting period, 61.8% of female employees and 69% of male employees received bonus payments.

Just over one in six (13.6%) of employees in the highest pay quartile at Hitachi Solutions are female, compared to 21.5% in the second quartile, 27.7% in the third quartile and 50.8% in the lowest pay quartile.

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Steven French, chief executive at Hitachi Solutions, said: “Hitachi Solutions is proud to be able to demonstrate early improvement in our gender pay gap, and believes this is in response to various actions we have taken, and continue to drive. Hitachi Solutions participates in a number of Hitachi initiatives designed to support the ongoing, and increasing, awareness and understanding of diversity and inclusion across the global business.

“The global Hitachi business is also working proactively to accelerate its activities aimed at promoting diversity, with the ambitious goal of achieving a 10% ratio for both female and non-Japanese executive and corporate officers (its most senior positions) by financial year 2020. It has positioned diversity as an important management strategy and is advocating this approach throughout the worldwide group, based on strong commitment by senior management.”