Gear4Music

Gear4music (Holdings) plc

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Gear4music (Holdings) plc

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Gender Pay Gap Report

Gender Pay Gap Report - 2018

All larger businesses in the UK are required to report their gender pay gap. As of April 2018 we are pleased to report that our mean gender pay gap (9.2%) has improved on last year (12.6%), and is better than the national average (17.9%):

  • Women’s hourly rate is 9.2% lower (mean) and 15.5% higher (median)
  • Top salary quartile has 83.6% men and 16.4% women
  • Upper middle salary quartile has 59.7% men and 40.3% women
  • Lower middle salary quartile has 83.6% men and 16.4% women
  • Lower salary quartile has 90.3% men and 9.7% women
  • Women’s bonus pay is 5.1% higher (mean) and 0% lower (median)
  • 9% of men and 1.5% of women received bonus pay

The mean reflects the fact that the top three highest paid employees are male. The median reflects that there are proportionally more females in the upper middle quartile and proportionally less females in the lower quartile.