Gender Pay Gap Report 2020
Yours Clothing was established in 1997 to provide women, often forgotten by UK retailers, with affordable, fashionable clothing regardless of size. We have dedicated our work on continuously improving our offering to women and are also able to extend our service to men through our “BadRhino” brand and to tall customers through the recent acquisition of the “Long Tall Sally” brand too. Our growth in the UK has been as a result of our talented, hard working employees whom we value greatly. We are proud of our growth as a business and the opportunities that it has given to our employees who have equal opportunities to shine, develop and earn. Due to us being largely recognised as a women’s fashion retailer, we attract mainly female applicants to work in our stores and as a result Yours Clothing is 96% female with the majority of roles based in our stores. The male staff we do have in our stores are paid equally to our female staff, and we are confident that our gender pay gap is as a result of the variety of roles in which men and women work within the organisation and the salaries that these roles attract. As part of the Government’s commitment to tackling gender inequality, UK companies with over 250 employees are required by law to publish calculations every year showing the pay gap between male and female employees. At Yours Clothing, we value inclusion and strive for equality and fairness for each and every team member. This year’s report shows some significant positive differences in all areas. This is a result of a combination of factors including an increase in the proportion of Males employed in the business but most significant was a change in the people included within the full pay relevant employees on the snapshot date as this was at a time that our 165 stores were closed. The gender pay figures are therefore only inclusive of a skeleton staff working in our Head Office and warehouse at the time so the roles being compared have less variation than in previous years reports. . The following information is accurate as of the snapshot date of 5 April 2020, and shows our overall mean and median gender pay gap and bonus pay gap based on hourly rates of pay.
Gender & Bonus Pay Gap
The table below shows the percentage difference in overall mean and median pay and bonus between men and women across the whole company:
|Hourly Pay Gap||37%||48%|
|Bonus Pay Gap||66%||36%|
Proportion of males and females receiving a bonus payment
Out of a total of 1273 employees, 278 employees received a bonus payment and 92% of these employees are female. In total 22% of all staff employed on the snap shot date received a bonus in the financial year 2019/2020.
|Percentage of Females who received Bonus||21%|
|Percentage of Males who received Bonus||40%|
We are pleased that we have been able to reward our employees this year with a bonus and we continue to look at our reward packages across the business.
We have divided our employees into four equal-sized pay quartiles and shown below the percentage of males and females in each quartile.
There are 274 people employed in our Head Office and Warehouse, 46 of which are male and 228 female. Our Senior Management team is 50% female. Any gender pay gap that exists is a result of differentiating roles and not due to any variance in pay for like for like roles.
We are committed to reducing our gender pay gap and will continue to focus on women having the same opportunities for senior roles as men as well as continuing to support men and women to develop to the best of their potential.
I can confirm that the information contained within this report is accurate.