Gender Pay Gap 2022
Bluestone Gender pay gap reduces again to just 0.49%.
The median gender pay gap at Bluestone National Park Resort is now just 0.49%, which is well below the national average of 14.90% and the previous full reporting year of 3.16% in 2019.
As an employer with more than 250 staff, we are 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 in Bluestone. It does not involve publishing any individual employee’s data. We are required to publish the results on our own website and a government website.
The purpose of this legislation undertaken throughout the UK is to identify and eliminate any gender pay gaps where these exist. The 6 key figures are: -
- the number of males and females in each quarter range;
- the Mean gender pay gap (i.e. the average gender pay gap);
- the Median gender pay gap (i.e. the ‘mid-point’ gender pay gap);
- the percentage of males and females receiving a bonus payment;
- the Mean bonus gender pay gap; and
- the Median bonus gender pay gap;
Commentary
Bluestone employs in excess of 800 employees. The 2022 report includes data on the workforce that were employed in work on 5th April 2022. The past 2 years of reporting were produced on a reduced workforce due to the coronavirus national lockdown restrictions, with only a small proportion of employees applicable for reporting on the previous two cut-off dates of 5th April 2021 and 5th April 2020 respectively. The majority of employees on these previous two dates were on furlough or flexible furlough and were therefore not applicable for reporting.
The following lists the reportable statistics. The sample includes 673 employees, of which 402 are females and 271 males. The key headline is that whilst 58.3% of males fall in the upper quartile, 75.7% of females fall into the upper middle quartile.
The Percentage of males and females in each hourly quarter range are as follows:
- The mean gender pay gap for hourly pay was 10.83%, which demonstrates that the male employees in the sample were paid a higher average hourly pay than female employees
- The median gender pay gap for hourly pay was 0.49%, which demonstrates that the mid-point gender pay gap marginally favours male employees.
- The percentage of men receiving bonus pay was 44.6%, whereas the percentage of females receiving bonus pay was 47.5%
- The mean bonus pay gender gap was 25.7% whereas the median bonus pay gender gap was 68.8%
In addition, all employees at Bluestone receive the same benefits regardless of their contracted hours. These include exclusive accommodation deals, access to the resort facilities with their families, a pension scheme, and life assurance. All Employees have access to our Employee Assistance Programme to support them on personal, financial and other important matters. At an annual cut-off point, all employees with at least one years’ service are allocated company shares thought a HMRC approved Share Incentive Plan (SIP). These shares entitle the employees to pro-rata dividend payments and equity rights should the shares be sold in the future.
Kevin Ward FCMA, CGMA
Finance Director
Bluestone National Park Resort