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Cultech pay quartiles

Cultech’s gender pay gap data was collected for the snapshot date of 5th April 2024 and  based on the full-pay relevant employees during the period in which the snap shot fell ie 1st – 30th April 2024.

Full pay relevant employees are employees paid their usual full basic pay during the pay period in which the snapshot falls.

Employees paid less than their usual basic due to unpaid absence such as sickness, jury service etc must be excluded from the list.

Of the total full-pay relevant employees on the snapshot date of 5th April 2024  58% were men and 42% were women.

Pay quartiles Numer of men Number of women % of men % of women
Upper hourly quartile 50 15 77% 23%
Upper-middle hourly quartile 41 24 63% 37%
Lower-middle hourly quartile 39 27 59% 41%
Lower-hourly quartile 38 28 58% 42%

 

Each pay quartile represents a quarter, or 25% of the full pay relevant employees ranked by pay.

Cultech median gender pay gap

To calculate our median gender pay gap, we rank all employees by hourly pay (this will be contracted hrly rate unless shift allowance is included in the pay period).

We then compare what the woman in the middle of the female pay range received with what the man in the middle of the male pay range received.

The difference between these figure is the median gender pay gap.

Median gender pay gap Men Women  Pay gap
Median hourly pay £15.88 £14.83 6.6%

 

When comparing average hourly wages (median) women receive 93p for every £1 that men receive.

Cultech mean gender pay gap

To calculate our mean gender pay gap, we add together all the hourly pay rates (this will be contracted hrly rate unless shift allowance is included in the pay period)

that the women employes received, divided by the number of women employees.

We then repeat this calculation for the male employees.

The difference between these figure is the mean gender pay gap.

Mean gender pay gap Men Women  Pay gap
Mean hourly pay £19.17 £16.81 12.3%

 

When comparing average hourly wages (mean) women receive 88p for every £1 that men receive.