THE GENDER PAY GAP
A more detailed report is due to be published here shortly:
Difference in mean hourly rate of pay
Difference in median hourly rate of pay
Difference in mean bonus pay
Difference in median bonus pay
Percentage of employees who received bonus pay
Employees by pay quartile:
Upper middle quartile
Lower middle quartile
Number of employees within our orgainsation
Mean – total hourly rate divided by the number of staff.
Median – order the hourly rate from smallest to highest and take the figure from the middle value i.e. out of 100 people, you would take the value of the 50th person.