{"id":13592,"date":"2020-04-08T00:21:00","date_gmt":"2020-04-08T00:21:00","guid":{"rendered":"http:\/\/version1.thinktankdev.org.uk\/en-us\/?p=13592"},"modified":"2026-07-27T12:21:57","modified_gmt":"2026-07-27T12:21:57","slug":"uk-gender-pay-gap-report-19-20","status":"publish","type":"news","link":"https:\/\/version1.thinktankdev.org.uk\/en-us\/news\/uk-gender-pay-gap-report-19-20\/","title":{"rendered":"UK Gender Pay Gap Report \u201919-\u201920"},"content":{"rendered":"\n<section class=\"single-column-content single-column-content--container-regular single-column-content--align-left  block-theme-light block-surface-white\">\n    \n    <div class=\"container\">\n        <div class=\"single-column-content__inner\" data-aos=\"fade-up\">\n                            <h2 class=\"single-column-content__heading h4\">Reporting on pay gap changes throughout 2019.<\/h2>\n            \n                            <div class=\"single-column-content__content standard-body\">\n                    <p><strong>Overview of Findings<\/strong><\/p>\n<p>Following on from our <a href=\"https:\/\/www.version1.com\/news\/uk-gender-pay-gap-report-2019\/\">2019 report<\/a>, we are happy to announce that we have seen a year-on-year improvement in our mean pay gap. This is calculated by adding up the wages of all male and female employees and dividing it by the number of employees. We&#8217;re also delighted to see a decrease in our median pay gap, calculated by listing all male and female employees&#8217; wages from highest to lowest and comparing the number that sits in the middle for each gender. The difference in salary between those two people is the pay gap figure.<\/p>\n<p>While our pay gap numbers show a mixed result, our culture of Trust and Empowerment has seen a tangible change over the past three years, thanks to a consistent and determined focus on <a href=\"https:\/\/www.version1.com\/careers\/\">Inclusion<\/a> at Version 1. While we are not where we want to be just yet, we believe with continued focus, effort and supported changes, the dial will continue to move towards a more inclusive workplace for all. We <span style=\"text-decoration: underline\">are<\/span> getting there, and we are continually committed to examining our gender imbalances across the organisation.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_35260\" style=\"width: 1010px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-35260\" class=\"wp-image-35260\" src=\"https:\/\/www.version1.com\/wp-content\/uploads\/2024\/05\/UK-Gender-Pay-Gap.png\" alt=\"gender pay gap\" width=\"1000\" height=\"207\" \/><p id=\"caption-attachment-35260\" class=\"wp-caption-text\">Above: Version 1&#8217;s UK Gender pay gap improvements year-on-year.<\/p><\/div>\n<p>&nbsp;<\/p>\n<p><strong>Working to Close the Gap<\/strong><\/p>\n<p>This past year saw the introduction of our Employee Experience (EX) Team. It is their role to review all parts of the employee lifecycle and ensure our employees are having a positive experience. As our Director of People Success, <a href=\"https:\/\/www.linkedin.com\/in\/jadooley\/\">Jarlath Dooley<\/a>, states: &#8220;Together with the Senior Leadership Team and our existing <a href=\"https:\/\/www.version1.com\/careers\/\">Diversity, Inclusion and Belonging team<\/a>, the EX Team continue to assess our employee lifecycle; ensuring a positive and inclusive approach throughout our employee journeys&#8221;. This analysis has highlighted successfully implemented initiatives and areas for improvement, which we will continue to work on.<\/p>\n<p><strong>Going Forward<\/strong><\/p>\n<p>We understand the importance of keeping the trust of our employees by making sure we approach all situations in a transparent manner. We continue to review our global reward structures and compensation packages on a quarterly basis, ensuring we have a consistent approach to our rewards packages and removing the opportunity for any unintentional gender bias. Thinking long-term, we are working towards building an inclusive future, not only in Version 1 but within our local communities, through our Community First programme which has the goal of introducing young females into the world of IT and hopefully a new career opportunity. Therefore, we&#8217;re tackling the gender imbalance from the early years, onward.<\/p>\n                <\/div>\n            \n                    <\/div>\n    <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":13587,"menu_order":0,"template":"","industry":[],"class_list":["post-13592","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"translations":[{"blog_id":1,"post_id":13592,"name":"Europe","code":"EN-GB","hreflang":"en-gb","url":"https:\/\/version1.thinktankdev.org.uk\/news\/uk-gender-pay-gap-report-19-20\/","is_current":false},{"blog_id":13,"post_id":13592,"name":"Americas","code":"EN-US","hreflang":"en-us","url":"https:\/\/version1.thinktankdev.org.uk\/en-us\/news\/uk-gender-pay-gap-report-19-20\/","is_current":true}],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK Gender Pay Gap Report \u201919-\u201920 | Version 1 (US)<\/title>\n<meta name=\"description\" content=\"Our UK Gender Pay Gap reports on the difference between hourly average male and female pay at Version 1. 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