Gender Pay

 

 

 

 

Airsprung Furniture Ltd Gender Pay Analysis – Reporting Statement (2020)

As an employer with over 250 employees we are required to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations. This analysis requires us to perform a number of calculations that identify any differences between the average earnings of men and women within this business; it does not require or involve the publishing of personal individual data. We are required to publish the results of our analysis on our own website as well as a government website. Our data, taken as at 5th April 2020 and accompanying statements are set out as follows;

Women’s hourly rate is:

0.8%

24.5%

LOWER

HIGHER

(mean)

(median)

Top quartile

Upper middle quartile

Lower middle quartile

Lower quartile

66.7%

33.3%

33.3%

66.7%

100%

0%

100%

0%

Male

Female

Male

Female

Male

Female

Male

Female

The table above identifies the respective percentage of men and women in each quartile of our payroll.

Women’s bonus pay is:

41.4%

LOWER

2.5%

HIGHER

(Mean)

(Median)

The table above identifies the respective average bonus payments for men and women employees.

Percentage who received bonus pay:

Male

Female

1.2%

2.0%

The table above identifies the respective percentages of men and women employees who received bonus payments.

The Gender Pay Gap Reporting data above is to the best of our knowledge correct for all employees covered by the Regulations as at 5th April 2020. It should be noted that a significant proportion of the company’s workforce was furloughed on this date.
Airsprung is an employer who firmly believes in a fair and ethical approach to pay. We believe that men and women in our employ are paid equally for doing equivalent roles within the organisation and that all appointments are based solely on merit.
The ONS Annual Survey of Hours and Earnings indicates there is a 15.5% (median) gender pay gap in favour to male employees. Our figure of -2.5% is significantly less than ONS survey and we will strive to maintain this position.

Tony Lisanti

CEO

30 September 2021