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Gender Pay Gap Summary

This information has been prepared by our HR manager from our payroll records, in accordance with the Equality Action 2010 (Gender Pay Gap Information) Regulation 2017, and has been validated internally.

At the Snapshot Date 5th April 2023, we had 279 employees. This document reports the difference between the mean and median hourly earnings and bonuses of the men and women employed on that date.

We are confident we pay women and men equally for doing equivalent jobs across the business.

The technical and sales role which dominate quartile 3 and 4 are mostly held by men, and this is reflected in our Gender Pay Gap. However the number of women in the top quartile has more than doubled since the 2022 snapshot date, and this has reduced the median pay gap by 25%.

50% of men and 40% of women have the opportunity to earn bonus. The introduction of a new productivity incentive for technical roles meant that more men than previously have the opportunity to earn bonus, and this has reduced the average pay for men. The mean bonus gap is reduced by 13% from last years and mens’ median bonus pay is now less than half that of women. However, it should be noted that median bonus earnings for women is unchanged from last year and mean bonus pay has decreased by 20%.

Intercounty Truck & Van Limited is committed to ensuring we provide equality of opportunity and reward for all our employees and strive to provide support and tackle unconscious bias in the workplace.

 

Workforce Gender Distribution

At 5th April 2023            M                F

Workforce %                 77.42          22.58

Workforce No             
  216               63

 

Gender Split Employees by Quartile

Low to High              %M           %F

Q1                              69            31

Q2                              54            46

Q3                              93             7

Q4                              90             10

 

Gender Pay Gap           

Hourly Rate                       M                F                 Diff                  % Pay Gap

Mean                              £18.59       £13.59          £5.00                  26.90

Median                           £16.34       £12.67          £3.67                  22.46

 

Bonus Pay Gap

% Receiving bonus       

%M         % F

50            40

 

Annual Bonus Pay       

                                              M                        F                         Diff                      % Pay Gap

Mean                              £5,120.00         £2,067.00             £3,053.00                    59.62

Median                           £408.00           £1,000.00             -£592.00                    -144.88

 

Prepared 07/03/2024

 

Nick Skillman

Managing Director

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