Gender pay gap report
The gender pay gap legislation was introduced in April 2017 and it requires all UK employers with 250 employees or more on the snapshot date of 5 April 2017 to publish data about their gender pay gap.
Our gender pay gap reflects the average paid to men and women across our UK business. It is not a comparison of pay rates for men and women doing work of equal value.
While women make up the majority of our UK workforce and a significant proportion of senior positions, more of our most senior (and therefore highest paid) people are currently male, a factor that influences both our gender pay and bonus gaps.
CVS’ median gender pay gap for our two largest groups of employees, vets and nurses, is 10.9% for vets and -10.3% for nurses.
CVS’ total median gender pay gap is 45.1%*, given that the UK’s median gender pay is 18.4%**, so CVS’ gender pay gap for vets and nurses is better than the national average. The overall CVS difference compared to the national average primarily reflects the greater proportion of male employees in senior roles. We recognise that there is considerable work to be done in this area.
At CVS (UK) Limited we are committed to the diversity and inclusion agenda. You can read more about what we are doing to address our gender pay and bonus gaps at the end of this report.
Download CVS Group plc’s Gender pay gap report 2017 (PDF 1.46MB)
* The median figure is the middle point of a number set, in which half of the numbers are above and half are below. This is different to the mean, which is the sum of all the numbers in the set, divided by the amount of numbers in the set.
** ONS Annual Survey of Hours and Earnings; 2017.