Digital transformation, software and business process outsourcing provider Target Group has reported an 18.34% mean gender pay gap, the lowest it has ever reported.
This is lower than the 19.58% the group reported last year and down significantly from 29% two years ago. Its aim is to reduce its gender pay gap year on year, with a view to close it by 2030.
Target has also continued to increase representation, with 42% of senior leaders being women, up from 30% in 2020. Female employees accounted for 65% of all internal promotions in 2025.
The group plans to continue to support gender pay parity and equality by increasing engagement in women’s networks and growing both mentoring and development programmes. It is focused on building confidence, capability and visibility across the organisation.
Melanie Spencer, growth director at Target, said: “Across Target, tremendous progress continues to be made in improving representation, progression and opportunity. Closing the gender pay gap to a record low is proof of this. Our longevity and success as a business is down to the skills and expertise of our talented team. Our ability to deliver the capabilities and service we are known for relies on us attracting and retaining great talent, which is why it is so important that we continue to recognise and reward all employees fairly.”
Gareth Roach, chief people officer at Target, added: “Over the last couple of years, we’ve focused on building balanced teams at every level of the business rather than chasing quick wins. The consistent reduction in the pay gap over three reporting cycles shows this long-term approach is clearly working. While we are proud of how far we have come, we know there’s still more we want to achieve.
“We have clear priorities to expand development, mentoring and leadership opportunities for women, while continuing to strengthen our inclusive hiring and promotion practices. We want to continue building a supportive and flexible culture for everyone, setting clear goals and staying transparent about our progress. The success we are seeing in closing the gender pay gap is down to the effort and commitment of teams right across Target, and I thank everyone.”
