Source: Vivid
Vivid has reduced its ethnicity pay gap to 0.5% and maintained its equal gender pay gap of 1%.
The affordable housing provider has eliminated the pay disparity between white and non-white employees by encouraging recruiters to shortlist as many applicants from under-represented groups as possible who meet essential criteria for job roles.
Vivid announced that it closed its gender pay gap last year to 1%, meaning that for every £1 earned by men, women earned 1p more.
In 2023, Vivid reported that it had reduced its 2023 mean gender pay gap due to its rigorous set of benchmarked salaries for each role.
The gender pay gap is the difference between the hourly wages of men compared to women, regardless of roles.
Vivid stated that it recognises that it still has some improvements to make in terms of hiring more women and men into certain roles which it aims to do so through inclusive recruitment and unconscious bias training.
Duncan Short, group resources director, Vivid, said, “We’re proud that we’ve maintained equal gender pay and significantly reduced our ethnicity pay gap. We value and recognise the importance of a diverse workforce to deliver our business objectives.
“Having people of different backgrounds, experiences and perspectives allows us to run better as a business and offer the best possible service to our customers.”
