Closing the gap on gender equality
Focusing on the female workforce
As part of LondonEnergy’s business strategy, we are committed to increasing the presence of female employees within the company, especially in operational areas.
Currently we have 367 employees, women represented 11% of our workforce and 3.5% of those are Managerial-level appointments.
Find out more about our great place to work strategy here.
Gender Pay Gap 2023
The Gender Pay Gap is the difference between the average hourly pay of women and men.
Today, on average, the mean pay for women is higher throughout the company. Women earn £1.28 every £1 that men earn when comparing median hourly pay.
When comparing mean (average) hourly pay, women's income is 37% higher than men. Women also hold 20% of the highest paid jobs and 14% of the lowest paid.
The median gender pay gap is the midpoint in men's and women's hourly earnings. The median pay at LondonEnergy is 1.6% in favour of women.
The mean bonus pay gap is in favour women 14.3%, and the median bonus pay gap is 33.3%, which is in favour of men.
It is important to note that the Gender Pay Gap differs from equal pay, a legal requirement that men and women must get equal pay for 'equal work'.
Quartile Analysis
The table below shows the distribution of male and female employees across the different pay bands.