Gender Pay Statement

Gender Pay Statement

Polygon UK is committed to being an inclusive place to work, where everyone can reach their full potential based on merit. This is not only the right thing to do, consistent with our core values, but it is also vital for the success of our business. We review all colleagues’ pay annually and check to ensure we offer equal pay within equal roles, regardless of gender. We have conducted the analysis as at the date of 5th April 2019 as we are required to do in accordance with the UK gender pay gap regulations and present our results below.

Difference in hourly pay between men and women

  Mean *  Median **
Pay Gap 4.5% 6.3%
Bonus Gap -3.7% -2.0% ***

* Mean: a comparison of the average hourly pay

(excluding bonus) for a woman with that of a man.

** Median: a comparison of the ‘middle’ hourly pay

(excluding bonus) for a woman and a man if all pay amounts were sorted from low to high

*** Negative value indicates difference in favour of women

Proportion of women and men who received bonus

85.3% 71.2%

 Proportion of women and men in each pay quartile 

This is where everyone’s pay is divided into four equal sized groups based on their hourly rate of pay (excluding bonus) and the proportion of women and men in each of the groups is calculated.

Upper Quartile Upper Middle Quartile Lower Middle Quartile Lower Quartile
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Comments

Overall, our UK workforce is 22% female and 78% male, with our external field-based colleagues being 98% male.  This is a similar proportion to the general UK restoration industry.

At 6.3%, our gender pay gap is significantly lower than the Office of National Statistics (ONS) average figure for all employees of 17.3% (April 2019).  Our pay gap principally results from us having more men than women occupying higher paid roles such as managerial, technical, or operating as field-based technicians.

Our sector struggles to attract women into certain roles.  We aim to encourage more women into our company and to make all roles accessible to everyone, creating genuine opportunities for talented people.

We strive to ensure Polygon is a great place to work where everybody feels valued, included and empowered.  We have a culture of promoting from within and always do so on the basis of merit.  We actively encourage ideas and challenge, to make us a better business.

I confirm the accuracy of the data reported.

Jeremy Sykes          Managing Director.  April 2020