Gender Pay Gap Report

Cruden Building & Renewals Ltd is required by law to publish an annual gender pay gap report.

This is its report for the snapshot date of 5 April 2017.

  • The mean gender pay gap for Cruden Building & Renewals Ltd is 20.9%.
  • The median gender pay gap for Cruden Building & Renewals Ltd is 23.9%.
  • The mean gender bonus gap for Cruden Building & Renewals Ltd is 52.9%.
  • The median gender bonus gap for Cruden Building & Renewals Ltd is 52.8%.
  • The proportion of male employees in Cruden Building & Renewals Ltd receiving a bonus is 80.7% and the proportion of female employees receiving a bonus is 64.2%.

 

Pay quartiles by gender

Band Males Females Description
A 75% 25% Includes all employees whose standard hourly rate places them at or below the lower quartile
B 90% 10% Includes all employees whose standard hourly rate places them above the lower quartile but at or below the median
C 91% 9% Includes all employees whose standard hourly rate places them above the median but at or below the upper quartile
D 95% 5% Includes all employees whose standard hourly rate places them above the upper quartile

The figures set out above have been calculated using the standard methodologies used in the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.

Under the law, men and women must receive equal pay for:

  • the same or broadly similar work;
  • work rated as equivalent under a job evaluation scheme; or
  • work of equal value.

Cruden Building & Renewals Ltd is committed to the principle of equal opportunities and equal treatment for all employees, regardless of sex, race, religion or belief, age, marriage or civil partnership, pregnancy/maternity, sexual orientation, gender reassignment or disability. It has a clear policy of paying employees equally for the same or equivalent work, regardless of their sex (or any other characteristic set out above). As such, it:

  • carries out pay and benefits reviews at regular intervals;
  • evaluates job roles and pay grades as necessary to ensure a fair structure.

Cruden Building & Renewals Ltd is therefore confident that its gender pay gap does not stem from paying men and women differently for the same or equivalent work. Rather its gender pay gap is the result of the roles in which men and women work within Cruden Building & Renewals Ltd and the salaries that these roles attract.

The overall percentage of women in the entire workforce of Cruden Building & Renewals Ltd is 11%, and this reflects the historic difficulty of attracting women into the construction industry.

The proportion of men at Cruden Building & Renewals Ltd who received a bonus in the 12 months up to 5 April 2017 was 80%, while for women this was 64%. This reflects the higher proportion of men in trades roles that, under our current policy, attract a performance bonus.

The Gender Pay Gap report will be used to monitor the gender pay gap within the organisation.

 

Report by Karen McFarlane, Finance Director of Cruden Building and Renewals Ltd

28th March 2018