Housebuilding organisation Barratt Developments UK has published its 2022 gender pay gap report, showing its mean gender pay gap to have widened from 6.2% in 2021 to 8.8%.
The business' median gender pay gap also widened, from -0.4% last year to 6.3% in 2022. The mean bonus pay gap increased from -14.9% in 2021 to 27.3% this year, but its median bonus fell from 2.8% last year to -4.7% for 2022.
The proportion of men who received a bonus this year was 83.2%, falling from 87.3% in 2021, while 86.3% of women were awarded one in 2022, compared with 96.4% last year.
The firm published its ethnicity pay gap report for the first time this year, with mean and median pay gaps narrowing from 11% to 7.7%, and 7.1% to 5.9%, respectively. Its mean ethnicity bonus gap rose from 30.7% to 40%, this year and its median bonus gap fell by 1.6% to 21% for 2022.
Approximately 84.9% of white employees at the business received a bonus this year, compared with 74.8% of staff from ethnic minority backgrounds, whereas last year 90.7% of white and 86% of ethnic minority workers received one.
David Thomas, chief executive of Barratt Developments, said: “Although our mean gender pay gap for 2022 is smaller than the average for UK businesses in 2022 (13.9%), we remain committed to further action in this area and delivering against our 2025 diversity and inclusion strategy. This year we are also pleased to publish for the first time our ethnicity pay gap as part of our commitment to transparency, and to enhance our work through our diversity strategy to improve the representation of all groups across the business.
“In order to deliver change in both of these areas, we will continue to build on the work already in place to support our teams through talent programmes, employee networks, succession planning and early careers. We will continue to work hard to close our gender and ethnicity pay gaps and ensure that we build an open and inclusive working environment."
