Gender Pay Statement
Numatic International Ltd Gender Pay Statement at 5th April 2022
2022 | Prior Year | |
|---|---|---|
Mean Gender Pay Gap | 18.1% | 25.7% |
Median Gender Pay Gap | 6.1% | 6.5% |
Mean Bonus Gender Pay Gap | 78.8% | 91.1% |
Median Bonus Gender Pay Gap | -40.8% | 30.5% |
Proportion of Males receiving Bonus | 3.5% | 1.2% |
Proportion of Females receiving Bonus | 2.0% | 2.0% |
Proportion of Males & Females in Each Quartile Band
Upper Quartile | Prior Year | |
|---|---|---|
Females | 17.3% | 17.2% |
Males | 82.7% | 82.8% |
Mean Gender Pay Gap | 21.6% | 36.3% |
Upper Mid Quartile | Prior Year | |
|---|---|---|
Females | 24.4% | 23.9% |
Males | 75.6% | 76.1% |
Mean Gender Pay Gap | 0.5% | 1.9% |
Lower Mid Quartile | Prior Year | |
|---|---|---|
Females | 37.8% | 31.5% |
Males | 62.2% | 68.5% |
Mean Gender Pay Gap | 0.5% | 0.0% |
Lower Quartile | Prior Year | |
|---|---|---|
Females | 28.9% | 29.3% |
Males | 71.1% | 70.7% |
Mean Gender Pay Gap | 1.4% | 4.1% |
- Numatic International is confident that its gender pay gap does not stem from paying men and women differently for the same or equivalent work. The gap is a result of the roles in which men and women are employed within our organisation and the salaries that those roles attract.
- For 75% of our staff there is no gender pay gap. In the upper quartile of salaries there is a lower proportion of women and larger pay gap in this group is the most significant factor in the overall results for the business.
- We also have a pay gap relating to bonus payments. The majority of bonus payments in our business are sales commissions. The data shows a higher mean average bonus in favour of men, but a higher Median average bonus in favour of women. The data does not really reflect genuine pay gaps but is more representative of the fact that the majority of staff within our business do not receive a bonus.
- Whilst women are represented in all areas of our business including senior levels, a higher majority of our senior staff are men. This is not unusual for the type of business that we are or the sector we operate in. There is a well-documented shortage of women taking up careers in businesses that rely on science, technology, engineering and maths (STEM) skills and our pay gap is broadly reflective of the relative percentage of women who apply for roles within our business sector. Our senior management board comprises seven members of whom five are male and two female.
- Numatic International is committed to the principle of equal opportunities and equal treatment for all employees, regardless of sex, race, religion or belief, age, marriage or civil partnership, pregnancy/maternity, sexual orientation, gender reassignment or disability. We believe that our policies and procedures deliver this equality and that this can be seen in the diversity of our employees and in the roles that they are employed in.
- We are not complacent about our gender pay gap and acknowledge that it is important to encourage all staff to reach their full potential within our business. We will use the submission of the Gender Pay Gap Report each year to review our performance and identify any opportunities for improvement.