Gender Pay Gap
Established in the South of England for over 170 years, Covers is a family owned Timber and Builders Merchants, operating from fourteen sites. We are passionate about fairness, equality and inclusion.
his Gender Pay Report is based on a “snapshot” of the pay of all of our employees as at 5 April 2018, as well as annual payments and bonuses which were paid between 6 April 2017 and 5 April 2018. The report has been produced in line with the guidance in the Equalities Act 2010 and associated ACAS guidance “Managing gender pay reporting”, 2017
Pay & Bonus Gap
The table above shows our overall mean and median gender pay gap based on hourly rates pay at the snapshot dates (i.e. 5th April 2018). It also captures the mean and median difference between bonuses paid to men and women in the year up to 5 April 2018, i.e. for the 2017 performance year.
Proportion of Colleagues awarded a bonus for 2018
This shows a 2.9%. difference between the number of women and men being paid a bonus for their performance in 2017.
The below image illustrates the gender distribution across four equally sized quartiles, each containing 111 colleagues.
Our report concludes that there was a minimal Gender pay gap on mean and median salaries between male and female employees. We are therefore confident that men and women are paid equally for doing equivalent jobs across our business.
Our bonus payments are for the large part linked to overall individual branch performance and in some cases linked to specific job roles.
Covers operates within the Builders Merchants industry; a traditionally male-dominated sector. Whilst Covers proportion of female employees remains low at 20% we remain committed to finding ways to attract more females into our business.
We confirm the information and data reported is accurate as of the snapshot date 5 April 2018.