19 December, 2022
PwC Ireland today publishes its Gender Pay Gap report under the new legislation ‘The Gender Pay Gap Information Act 2021’ revealing its mean gender pay gap to be less than 1% (0.9%), reflecting the strong representation of women across all levels across the firm.
Feargal O’Rourke, Managing Partner, PwC Ireland, commented: “At PwC we have been reporting on our Gender Pay Gap and our related action plan and inclusion and diversity journey since 2019, being one of the first Irish businesses to do so. We reported ahead of legislation, based on methodology similar to the UK model as we believed this was the right thing to do. Our first reported pay gap for 2018 was 5.7%. This report demonstrates the positive impact of having been transparent about our data and the actions we are taking to foster an inclusive and gender balanced firm.”
Emma Scott, People Partner, PwC Ireland, added: “We are committed to all of the elements involved in driving progress on gender equality and all facets of inclusion. We have held ourselves accountable to our gender pay gap action plan and we are taking a data driven approach to building an inclusive culture. Overall, we have a strong representation of women at the firm. Women make up at least half of our population consistently across all levels within the firm, having a significant influence on the outcome of gender pay gap analysis.
“An inclusive workplace enables us to embrace the diverse backgrounds and perspectives of all our people to create better outcomes for our teams, our clients and society. For example, earlier this year we communicated our refreshed people experience vision to our teams ‘Create Your Future With Us’ setting out our commitment to being Ireland’s leading employer by bringing the best in class experiences to our people at every stage of their life and career.”
The Gender Pay Gap Information Act 2021 requires organisations to report on their hourly gender pay gap across a range of metrics. Here is the link to PwC’s Gender Pay Gap report under this new legislation: https://www.pwc.ie/reports/2022-gender-pay-gap-report.html
The gender pay gap is the difference in the average hourly wage of men and women across a workforce. The gender pay gap is different to equal pay which is an absence of equal pay for equal work. The Gender Pay Gap essentially is reporting on a gender representation gap. Typically if women hold more of the lower paid jobs in an organisation than men, the gender pay gap is usually wider.
PwC has continued making improvements on their inclusion journey, creating awareness and building on its inclusive culture across several intersectional areas of inclusion from Cultural, LGBTQ+, Gender and Generational. Most recently in 2022 the firm has focused on how they can support families at all stages, including those who are parents, people on a journey to parenthood and carers. PwC has therefore launched a suite of inclusive policies on fertility, pregnancy loss, menopause and domestic abuse. Looking ahead the firm intends to also focus on the areas of disability and neurodiversity.
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