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The promotion and development of talented people, irrespective of their gender or background, is something about which I care very deeply. I want to ensure we attract a broad spectrum of talented people into our business and that our employees have every opportunity to realise their full potential. It makes good business sense as well as being the right thing to do.
The figures outlined below are accurate and show both the mean and median differential in pay and bonus between genders across ABF Grain Products Ltd as on 5th April 2020. At this date, ABF Grain Products Ltd employed 5,183 people, with 4,101 being male and 1,002 female (19.33% of our workforce);
Mean * | Median ** |
|
---|---|---|
Gender Pay Gap | -7.0% |
-0.6% |
Gender Bonus Gap | 14.6% |
-7.1% |
* The mean pay gap is the difference between average hourly earnings of men and women.
** The median pay gap is the difference between the midpoints in the ranges of hourly earnings of men and women. It takes each person’s pay and lines them up in order from lowest to highest, and compares the pay at the midpoint.
Bonus | Male | Female |
% of Employees in receipt of a bonus | 22.8% |
40.6% |
Pay Quartiles | Male | Female |
Upper Quartile | 74.0% | 26.0% |
Upper Middle Quartile | 83.7% | 16.3% |
Lower Middle Quartile | 87.6% | 12.4% |
Lower Quartile | 71.9% | 28.1% |
All our employees, whatever their background, should feel that their contribution is valued and recognised. We want to create a management culture where talent and contribution are consistently and equally recognised so that we can collectively compete in challenging markets. That can only be achieved through a concerted effort by us all.
Sarah Arrowsmith
Chief Executive, Grocery Group
ABF Grain Products Ltd is a subsidiary of Associated British Foods Plc. The trading businesses that sit within the company include The Allied Milling and Baking Group; The Jordans & Ryvita Company; Germains; Speedibake and Westmill Foods, most of which also form part of the Grocery Group Division of Associated British Foods.