Final property companies reveal gender pay gaps
The last of the large property companies filed their gender pay gap data yesterday ahead of the midnight deadline, including Savills, Colliers International and GVA Grimley, as initial analysis suggested that the industry’s gap was significantly higher than the national average.
Savills’ main business reported a median (mid-point) pay gap of 44% and a mean (average) gap of 45% based on hourly rates. Bonuses awarded to women were 82% lower than that of men on both a mean and median basis.
However its management arm, Savills Management Resources, paid women a median hourly rate that was 16% higher than men’s and a mean hourly rate that was 1% higher. Within that company, women’s bonus pay was 4% higher than men’s.
This is premium content
You must be logged in to view premium stories.
Subscribe for full access
Take out a print and online or online only subscription and you will get immediate access to:
- Breaking industry news as it happens
- Expert analysis and comment from industry leaders
- Unlimited access to all stories, including premium content
- Full access to all our online archive
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts
If you are already a registered user or a subscriber you can SIGN IN now