THE GENDER PAY GAP
General Physics (UK) Ltd (and subsidiary companies) is a subsidiary of GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, digital learning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organisations by delivering innovative and superior training, consulting and business improvement services, customised to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.
The following information relates to the mandatory Gender Pay Gap reporting that we are required to do in line with the Equality Act 2010.
Mean 51% (down from 54% last year) - on average Men are paid more than Women
Median 48% (down from 59% last year) - on average Men are paid more than Women
Corporate Services
Mean 18.21%
Median 10.89%
GP Strategies Training Limited
Mean 3.09%
Median 16.46%
GP Strategies Limited
Mean 39.47%
Median 10.18%
Proportion of Male vs Female per Quartile:
Lower quartile
Lower middle quartile
Upper middle quartlie
Upper quartile
Male
25.5%
32.4%
48.8%
68.8%
Female
74.5%
67.6%
51.2%
31.2%
Bonus Pay Gap:
Mean 47% - % difference - Men are paid more than Women for bonus
Median 37% - % difference - Men are paid more than Women for bonus
% of people in receipt of a bonus:
44% were Male
56% were female
Key terms:
Mean – total hourly rate divided by the number of staff.
Median – order the hourly rate from smallest to highest and take the figure from the middle value i.e. out of 100 people, you would take the value of the 50th person.
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