Gender pay gap reporting
Tracsis are committed to creating a culture that is diverse and inclusive, with a workforce that is representative of all sections of society, and where employees feel respected and able to give their best. The information below, sets out gender pay data for the business, with the snapshot date of 5 April 2024.
Under the methodology set out in the regulations, Tracsis’ median gender pay gap is 21% and it’s mean gender pay gap is 25%. The mean gender bonus gap is 83% and it’s median gender bonus gap is 23%. The percentage of staff receiving a bonus was 33% of men and 35% of women.
The median gender pay gap, and the median gender bonus gap have positively improved on prior year. In addition, there are more women receiving a bonus as a percentage of the relative population.
The gender population by pay quartile is as follows:
| Female | Male | |
|---|---|---|
| Upper | 16% | 84% |
| Upper Middle | 26% | 74% |
| Lower Middle | 37% | 63% |
| Lower | 37% | 63% |
The number of women in the upper quartile has increased, and the number of women in the lower quartile has decreased when compared with prior year.
Tracsis’ gender pay gap reflects that there are more men than women in senior roles. The Group’s PLC Board of Directors includes two women, representing one third of the overall Board. With regards to equal pay, Tracsis confirms that men and women receive equal pay for the same jobs, similar jobs or work of equal value.
Tracsis continues to review pay, recruitment, training, policies, engagement and wellbeing processes and initiatives to look at ways to address the gender balance.