KNIGHTS OF OLD GROUP GENDER PAY GAP REPORTING

Knights of Old Group are proud to publish their Gender Pay Gap information in accordance with the Equality Act 2010 (Gender Pay Gap Information) regulations 2017.  The information provided below represents the period from the 05th April 2018 to the 04th April 2019.

 
RESULTS

Pay Gap

Employee Demographic

% Male

82%

% Female

18%

Mean Gender Pay Gap

5.24% in favour of male employees

Median Gender Pay Gap

4.38% in favour of male employees

 

Quartile Analysis

Top Quartile

Male Employees

83.95%

Female Employees

16.05%

Upper Middle Quartile

Male Employees

82.50%

Femle Employees

17.50%

Lower Middle Quartile

Male Employees

81.71%

Female Employees

18.29%

Lower Quartile

Male Employees

79.01%

Female Employees

20.99 %

Total

Male Employees

82%

Female Employees

18%

 

Bonus Gap

Mean Gender Bonus Gap

29.36% in favour of male employees

Proportion of male employees in receipt of a bonus

8.68 %

Median Gender Pay Gap

74.44% in favour of male employees

Proportion of female employees in receipt of a bonus

3.39 %

 

 

ANALYSIS

Gender Pay Gap

Knights of Old’s gender pay gap remains small though it has increased from last year’s figures.  Knights of Old are committed to pay equality in all areas of our business and our current gap is significantly lower than the national average gap of 17.9%.  Whilst we are still pleased with our pay gap report as we operate in a male dominated industry, we acknowledge that we must continue to focus on this subject in order to reduce this gap.

 

Bonus Pay Gap

We acknowledge that our bonus pay gap remains substantial and this is due to there only being a bonus scheme in place for HGV drivers and only 1.6% of our HGV driving population are female.  We accept that we have more work to do in the recruitment of women HGV drivers and our driver apprenticeship scheme is attracting new female drivers, just not in the numbers hoped for.

 

Actions

We are continuing our work to ensure equality and diversity across all areas of the company and are focusing on attracting more women into our company. We have recently appointed a female Financial Director to the Executive Board and are looking to recruit more women into senior positions within the group. As last year our driver apprenticeship scheme has had some success in bringing new women drivers into the industry and we are continuing our work with local schools to attract young men and women into our industry.  We continue to encourage flexible working for all staff and ensuring that there is always equality of pay regardless of gender.

 

The data presented in this report and accurate and has been approved by the Managing Director.

 
Nick Bithell

Human Resources Director

Knights of Old Group

 
 
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