Gender Pay gap

This page has details of recent legal declarations NFT Group is required to provide.

PAY GAP INFORMATION

In accordance with the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 (“the Regulations”),  NR Evans gender pay gap calculations are as follows:

  • The mean gender pay gap for NR Evans is 22.61%;
  • The median gender pay gap for NR Evans is 28.86%;
  • The mean gender bonus gap for NR Evans is -142.13%;
  • The median gender bonus gap for NR Evans is -1,646.48%;
  • The proportion of male employees in NR Evans who received a bonus during the twelve month period preceding 5 April 2018 is 27% and the proportion of female employees who received a bonus during the same period is 47%

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Pay quartiles by gender
Band Males Females Description
1 97% 3% Includes all employees whose standard hourly rate places them in the upper pay quartile
2 97% 3% Includes all employees whose standard hourly rate places them in the upper middle pay quartile
3 95% 5% Includes all employees whose standard hourly rate places them in the lower middle pay quartile
4 88% 12% Includes all employees whose standard hourly rate places them in the lower pay quartile

The figures set out above have been calculated using the standard methodologies used in the Regulations.

NR Evans welcomes the Regulations which require companies with more than 250 employees to publish their gender pay gap calculations each year.

We are committed to the principle of equal opportunities and equal treatment for all employees, regardless of sex, race, religion or belief, age, marriage or civil partnership, pregnancy/maternity, sexual orientation, gender reassignment or disability.

We pay employees equally for the same or equivalent work, regardless of their sex (or any other characteristic set out above). Below is a summary of the actions we have already taken to actively promote greater equality and diversity within our workforce:

  • We carry out pay audits at regular intervals;
  • We have in place a Remuneration Committee to control, monitor and authorise changes to pay structures
  • We ensure that members of staff involved in pay reviews are trained appropriately;
  • We evaluate job roles and pay grades as necessary to ensure a fair structure.

We are confident that our gender pay gap does not stem from paying men and women differently for the same or equivalent work. Rather our gender pay gap is the result of the roles in which men and women work within the organisation and the salaries that these roles attract. We are also confident that we do not have any processes or practices which would see people being paid differently due to their gender.

Our plans to address our gender pay gap

What have we improved?

  • Coached managers in supporting flexible working for male and female colleagues
  • Reviewed our job advertisements to ensure there is no gender bias
  • Included flexible working opportunities in our job advertisements
  • Introduced degree apprenticeship programmes as part of our NFT Futures Programme
  • Introduced an internal mentoring programme
  • Upgrading the HR system to provide more efficient and readily available employee data

What do we plan to do over the coming months?

  • Increase the number of employees enrolling on the Futures Development programmes across all levels of the business for male and female employees
  • Continue to review and improve our recruitment practices with particular focus on attracting more females to our industry
  • Introduce diversity and inclusion training for managers
  • Encourage females to attend more networking events within the industry
  • Introduce unconscious bias awareness training across the management population

 

I, Mark Davis, General Counsel, confirm that the information in this statement is accurate.

Signed

General Counsel

4th April 2019