Toyota Motor Manufacturing UK reports -7.4% mean gender pay gap

Toyota Motor Manufacturing UK reports -7.4% mean gender pay gap

Automobile organisation Toyota Motor Manufacturing UK has reported a mean gender pay gap of -7.4% for average hourly pay as at April 2019, unchanged from the previous year.

The organisation, which currently has more than 1,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.

The reporting regulations require employers 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 proportion of male and female employees awarded bonus payments, and the proportion 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, the organisation voluntarily chose to publish this data.

Its median gender pay gap is -5% as at April 2019, compared to -4% the previous year. On average, women earn £1.05 compared to every £1 their male counterparts earn.

Its median gender pay gap for bonuses paid during the reporting period is 1.7% compared to last year, when the median bonus pay for women was 1.9% lower than men’s. The mean gender pay gap for bonus payments is -34.5%, compared to -16.7% the previous year.

Over the reporting period, 95.6% of female employees and 98.8% of male employees received bonus payments.

Less than one in 10 (7.5%) of employees in the highest pay quartile at Toyota are female, compared to 2.9% in the second quartile, 3.5% in the third quartile and 5.6% in the lowest pay quartile.

A spokesperson at Toyota said: “Toyota Motor Manufacturing UK continually monitors and reviews equal opportunities and is fully committed to providing an inclusive working environment where all members can reach their full potential, being judged on individual performance and contribution.”