Gender Pay Gap Report
Gender Pay Gap Reporting
Organisations that employ more than 250 people must publish specific data annually about their gender pay gap. The gender pay gap is defined as the difference between the average earnings of men and women across a workforce as a whole. The gender pay gap is not to be confused with equal pay for the same or similar work, which is something that has been mandatory since the 1970 Equal Pay Act. Broadly, the gender pay gap can highlight areas such as the proportion of men and women employed by an organisation and the seniority of the positions held by men and women.
Pay at Sealey Tools
At Sealey Tools, we are fully committed to treating all employees and job applicants equally, such as during recruitment, training, promotion and in relation to remuneration. However, we do recognise that a higher proportion of our workforce are men.
Despite a higher proportion of our workforce being male, both female and male employees are represented across all levels of the business, in what might be considered a male-orientated sector.
Our latest report on our gender pay gap and bonus pay gap is based on a snapshot taken on 5 April 2022. It can be accessed below:
The gender pay gap (median hourly pay) at Sealey Tools has slightly increased compared to last year, from 0.5% to 2.6%. Whilst this is a small adverse change, it continues to be below the national average of 14.9% as reported by the ONS on 26 October 2022.