Catalyst has issued its first Gender Pay Gap report, revealing that there is virtually no gap between the amount men and women are paid.
The report shows that the organisation has just a 0.3 per cent median pay gap and mean pay gap of 0.5 per cent.
Women make up half of Catalyst’s executive leadership team, and 53 per cent of all colleagues. The report also highlights that 43 per cent of manager positions are women, showing that there is still some work to be done to achieve complete parity.
The report also factors in bonus pay, revealing that the proportion of male colleagues receiving a bonus at Catalyst is 69.7 per cent and the proportion of female colleagues receiving a bonus at Catalyst is 74.6 per cent.
Judith Foss, Executive Director of People and Culture at Catalyst, said:
“Our Gender Pay Gap report reflects Catalyst’s ongoing commitment to fairness and inclusion. We know that businesses and organisations truly thrive when there is a diverse and inclusive workforce. However, we know that there is always more to do and we will continue to work with colleagues across the organisation to ensure that Catalyst is a workplace where everyone feels valued and respected for the unique contribution they bring.”
New government legislation means that from 6 April 2017, employers in Great Britain with more than 250 staff are required by law to publish their gender pay gap information, covering pay and bonuses. You can find Catalyst’s full report on its website.