The below narrative details the median and mean hourly gender pay gap, the bonus pay gap and the pay quartiles for employees of britbet Racing LLP on the April 5th 2020 snapshot date and 12 month reference point.
The calculations reflect the unprecedented circumstances that the global Covid-19 pandemic created including the heavy reliance on the Coronavirus Job Retention Scheme (furlough scheme).
In April 2020, with the UK placed under lockdown, the suspension of horse racing and the introduction of the Government furlough scheme, most of our permanent employees were placed on furlough (approximately 75%). The decision was also made to support, through the furlough scheme, all eligible casual workers who work on our racecourses on racedays.
At britbet we are confident that irrespective of how our employees identify, they are paid equally for doing the equivalent role throughout the business. We are committed to addressing any gaps and vigorously scrutinise annual salary and performance bonus reviews, ensuring our practices and policies are fair to all employees.
Hourly pay gap
Our analysis of the Company’s hourly gender pay gap shows that there is a mean 61% difference between employees that identify as male and female, and a median 57% difference between employees that identify as male and female.
The mean and median difference is accounted for by there being more people who identify as male than female, currently employed in the most senior executive positions at britbet. Most of these individuals were not furloughed on the snapshot date due to the strategic need of their roles during the pandemic.
Bonus pay gap
Bonuses paid in 2020 were based on individual and business performance of the previous financial year (2019). The payment of all bonuses was temporarily suspended from April 2020 due to the Covid-19 pandemic.
Proportion of employees receiving a bonus:
• Those who identify as male 10.4%
• Those who identify as female 5.3%
Gender pay gap regulations require that we include individuals on a casual worker agreement, our casual workers make up around 90% of our workforce. As previous mentioned, casual workers do not receive a bonus.
The table below shows how our eligible employees are distributed across equal pay quartiles.
|Those who identify as||Lower quartile||Lower middle quartile||Upper middle quartile||Higher quartile|
The full pay relevant employees these calculations are based on, are only those who were not placed on furlough, which was a small proportion of staff.