Retailers Reveal Higher Than Average Gender Pay Gaps - PowerPoint PPT Presentation

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Retailers Reveal Higher Than Average Gender Pay Gaps PowerPoint Presentation
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  1. Retailers Reveal Higher Than Average Gender Pay Gaps Ikea, Primark, Asos, Zara and Cath Kidston became the newest retailers to reveal their gender pay gap statistics sooner than the government’s deadline. The Swedish furniture giant unconcealed that women were paid a median average of 6.9% below their male counterparts in its UK retail operations, well below the national average. In its distribution arm, this born to 0.9% despite 17% of its distribution personnel being female compared to simply over half its retail arm.The two arms of the business are understood to be registered seperately.Meanwhile, the world’s largest fashion merchandiser Zara has announced a mean gap of 10.3%, aboard a median gap of 1.1% for its UK division. It additionally unconcealed that its business was dominated by women all told pay tiers, standing a 76% at the very best pay tier, and growing to 82% at the lowest.Its discount rival Primark unconcealed a mean pay gap that was slightly higher at 15.6%, however this drop to 0% on a median basis. It additionally unconcealed that it used considerably a lot of women than men, representing 62% of the very best pay tier and 75% of the lowest. Cath Kidston unconcealed way higher pay disparities, news a mean gap of 39% and a median gap of 24%.

  2. This was because of a lot of men taking representing the very best pay tiers, despite the corporate being nearly entirely populated by women. Its prime pay tier is created from 87% females, whereas its bottom tier rose to 99%.Online merchandiser Asos additionally reported a way higher pay inequality than the national mean average of 17.4%. Women are paid a mean average of 33%, rising to 41% on a median basis.It additionally unconcealed considerably a lot of men in its higher paid jobs, with women creating up 41% of the highest tier, rising to 77% at all-time low. The dead line for companies with over 250 workers to report their gender pay statistics is Apr 4, and companies are inspired to publish their plans to closing the gaps.