We are an employer required by law to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017. This involves carrying out six calculations that show the difference between the average earnings of men and women employed by our organisation. It will not involve publishing individual employee’s data.
We are required to publish the results on our own website and a government website. The information below is the second set of data published and is based on data as at 5 April 2018.
Hourly Pay Gap
|Mean gender gap||4.7%|
|Median gender gap||5.7%|
Bonus Pay Gap
|Mean gender gap||90.1%|
|Median gender gap||83.9%|
The proportion of males and females receiving a bonus payment
The proportion of males and females in each quartile band
Payco Services Ltd is a commercial contracting company specialising in working with predominantly recruitment business clients and as a labour only supplier. We specialise in the engagement and supply of employees, self-employed subcontractors and limited businesses to meet the assignment requirements and demands of our clients and their clients in turn. This report includes all those legally classified as our employees.
Payco Services work in a host of different industry sectors including construction, engineering, waste management as well as many other technical sectors where the demand for the services provided by temporary recruitment businesses exists. Many of these sectors are heavily male dominated and this is borne out across the figures provided.
In the majority of circumstances it is our employees who source assignments and negotiate the fees payable to our business by the Recruitment Business and this will normally directly correlate to their rates of pay. This means that whilst the pay and conditions of our employees will always accurately reflect their skill, experience and industry sector the sheer multitude of individual circumstances and sectors make any comparison difficult.
As this is the second year of data to be published we hope that we will be able to extrapolate more information from the data as we proceed. On the whole the data shows a small lessening in gender gaps, there are exceptions and therefore we will continue to monitor as we develop future strategy.
This statement confirms that the published information is accurate as at the time of publishing and is signed by Steve Thomas, Managing Director. As at 04.04.19.
1 Middle Street
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