We continue to increase our focus on equality, underpinned by developing a diverse team with an inclusive culture where different characteristics and backgrounds come together in pursuit of our vision and mission.
The key data from this year’s Gender Pay Gap report (UK employees only) are a median pay gap of (2022: 20.6%) and a mean pay gap of (2022: 36.3%). While our median pay gaps have fallen, as has our mean pay gap to 34% (2022: 36.3%), there are historical factors driving increases in our mean pay gap which are driven by bonus payments and share exercises. These figures are based on pay information from April 2023.
Whilst the results of this Gender Pay Gap Report have improved overall, we are striving to are further improvements in both gender pay and gender equality, driven by our Equality, Diversity and Inclusion Committee (Altogether AMS). We are aware that we still have too few women in our most senior positions and we are committed to recruiting and bringing women through our organisation into our most senior positions.
We continue to target having at least one woman on every recruitment shortlist and increasingly have gender mixed interview panels. We review all recruitment advertisements to filter out unconscious bias and have rolled out training to all employees on unconscious bias.
We celebrated International Women’s Day in 2024 with a range of activities across AMS and we intend to use this day annually moving forward to showcase improvements we have made as a business on gender equality.
Ultimately, reducing our gender pay gap and changing our gender imbalance will not be immediate but we believe that initiatives we have are planning to implement will result in sustainable change over the long-term.