By Helen Crane2018-04-05T10:55:00
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.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.