“More work to be done” by Ladbrokes Coral on pay gap dispute

“More work to be done” by Ladbrokes Coral on pay gap dispute

Wednesday, January 10, 2018 Posted by Craig Davies
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Companies across a variety of sectors required to reveal figures

Ladbrokes Coral has pledged to tackle its pay gap between male and female employees, after a gulf in pay between the genders was revealed by the bookmaker.

New reporting regulations introduced by the UK government, under the Equality Act 2010, requires companies with in excess of 250 employees to disclose its yearly gender pay gap.

The UK’s largest retail betting operator revealed women working for the company are paid on average 15% less than male counterparts, pointing to a “weak representation” at senior levels.

It’s mean bonus pay also highlighted a large disparity of 76% between men and women, however, the firm did also shows 80% of females were paid a bonus across the company as opposed to 77% of males.

Ladbrokes Coral did detail its median hourly pay difference of 2.5% compares favourably though, with a figure of 18.8% highlighted across the sector, and 18.1% in all sectors, in 2016.

A statement provided to TotallyGaming.com by Ladbrokes Coral read: “Ladbrokes Coral gender pay gap on a median hourly rate is 2.5% and well below the UK average and reflective of a workforce where equality is actively promoted.  

“On median pay including bonuses, it is at 25% and reflects the lower level of females in senior leadership positions, something we are actively seeking to address through new policies, recruitment practices and internal initiatives.  

“Our belief is we pay fairly but the gap is a symptom of females not pursuing senior roles and if we address that, then the gap will address itself.

Presenting its findings, Ladbrokes Coral also detailed both what has already been done and undertakings it plans to put into effect moving forward.

Amongst steps already taken, the firm states that colleagues, across its Gibraltar, Ireland and UK offices, have been engaged on HR policies and practices through a staff survey.

An evaluation into salary positioning upon appointment has also been conducted, as has a board review discussing women in senior roles and recommendations on the design of a female leadership programme.

Provisions for maternity and parental leave is one area set to be enhanced by the organisation, with a view to encouraging female colleagues to return to work set out.

A programme of flexible working is also set to be relaunched, encouraging new working models across both its retail division and other businesses.

Functions are to also be put in place to “actively” review new appointments and promotions, with a goal of a more company wide gender equality outlook, in addition to the introduction of “unconscious bias training” in 2018.  

Totally Gaming Says: Ladbrokes Coral is just one of a number of organisations forced to reveal its figures under new government regulations, EasyJet and Virgin two other examples, with BBC China editor Carrie Gracie also tendering her resignation due inequality in pay across genders. Ladbrokes Coral have acknowledged the issue saying there’s “more work to be done”, adding “while we don’t have an equal pay issue across the group, we do need to take steps to reduce our pay gap.” The next steps taken by not just the gambling firm, but by companies across the board, will be absolutely crucial.   

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