Gender Pay Gap Report 2021

Walnut Unlimited Gender Pay Report April 2021

Difference in mean pay18.4% 
Difference in median pay13.7% 
Difference in mean bonus pay99.5% 
Difference in median bonus pay0% 
Percentage of employees who received bonus payMen
1.4%
Women
0.4%
Number of men / women in the quartile pay bandsMenWomen
Upper quartile
Upper middle quartile
Lower middle quartile
Lower quartile
46.7%
23.3%
26.7%
30%
53.3%
76.7%
73.3%
70%

The mean gender pay gap for 2021 is 18.4%, this is influenced by the inclusion of face to face and call centre workers.
 
The Gender Pay Gap has increased by 6.4% from 2020. However, 2020 was influenced by one off measures relating to Covid furlough so the comparison is not meaningful.
 
It is noted that we do have a disproportionate number of men in senior positions. A greater proportion of our younger recruits are female and as they get more senior the Gender Pay Gap will naturally reduce.
 
If we compare 2021 with 2019 (ie a period not affected by Covid) we are pleased to announce that there is an overall reduction of 3.1 percentage points in mean gender pay, and an overall reduction of 6.6 percentage points in median gender pay which shows to us that we are moving in the right direction.
 
We continue to monitor our gender pay gap data in an effort to close the gap over time.

For past reports, please visit:

Walnut Gender Pay Gap Report – 2020

Walnut Gender Pay Gap Report – 2019

Walnut Gender Pay Gap Report – 2018