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Gender Pay Report 2023

Gender Pay Report 2023

Statutory Information

VWV is required to publish an annual gender pay gap report on its website and to also upload the statistics to the government website. Data has to be gathered on a snapshot date (5 April 2023) and our data statistics are as follows:

  1. Gender Pay Gap for Employees
  2. Pay Quartiles
  3. Bonus Pay Gap for Employees

Gender Pay Gap for Employees

We are required to publish overall gender pay gap figures calculated using both the mean and the median average hourly pay which has been calculated in accordance with guidance contained within the regulations.

  • The 'mean' is the sum of all of the hourly pay rates divided by the number of males/females, as appropriate.
  • The 'median' is the mid-point when all of the hourly rates are sorted in ascending order.
  Mean   Median
 14.4%  13.0%

Pay Quartiles

Set out below is the proportion of male and female employees in each of four pay quartiles, based on our overall pay range (not making any distinctions in relation to roles or whether a fee earner or not).

 Gender  Upper Quartile  Upper Middle Quartile  Lower Middle Quartile  Lower Quartile
 Women  64.2%                 75.2%  76.9%  78.0%      
 Men  35.8%  24.8%  23.1%  22.0%

Bonus Pay Gap for Employees

Information of our gender bonus gap (ie, the difference between men and women's mean and median bonus pay over a 12 month period) is set out below, together with details of the proportion of male and female employees who received a bonus in the same 12 month period.

  Bonus received by women   Bonus received by men
 43.0%  27.0%                    

 

   Mean     Median 
20.6% 0.0%