NielsenIQ (legal entities: ACNielsen ltd and Brandbank Ltd), in line with U.K. government regulations relating to the gender pay gap reporting, today released the average hourly pay for women compared to the average pay for men.
Our results for ACNielsen Ltd show that the median hourly rate for women is 4.3% less than the median hourly rate for men. The mean hourly rate for women is 7.8% less than the mean hourly rate for men. On bonus pay, the gap between the bonus paid to women compared to men is 11.5% for the median and 34.8% for the mean.
The calculation rules are specific and reflect payment of salary but after deductions for pension, childcare vouchers, and other voluntary benefits such as holiday purchase and the cycle to work scheme, individual choices that an employee makes can therefore impact the rate of pay reported.
The primary driver of our gender pay gap across both of our entities is that more of our regional senior roles are held by men, which is an imbalance we are actively working to rectify with several ongoing initiatives.
We continue to be proud of our commitment to diversity and inclusion. We continue to improve year on year and, through the work we have been doing over the last two years, we have a better understanding of what needs to be addressed and how we will achieve that. We are confident in our ability to make even more improvement.
We confirm the data reported is accurate and is in accordance with the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017, ACNielsen and Brandbank Ltd are required to carry out Gender Pay Gap Reporting.
ACNielsen and Brandbank Ltd are legal entities in the U.K. and both employ over 250 employees. Data reported excludes brands held under separate legal entities.