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Gender Pay Gap Report 2024

PAY GAP

MEAN

MEDIAN

Pay Gap

7.7%

0%

Bonus Gap

36.5%

16%

The above table shows MandM's Gender Pay Gap from the date 5th April 2024.

The percentage of men and women receiving bonus pay: M51.6% and F57.1%

This captures the mean and median differences in hourly pay to men and women in the year up to and including 5th April 2024.

PAY QUARTILES

Circular diagram showing lower quartile pay gaps 49.1% males and 50.9% females
LOWER QUARTILE
Circular diagram showing lower quartile pay gaps 54.1% males and 45.5% females
LOWER MIDDLE QUARTILE
Circular diagram showing lower quartile pay gaps 67.5% males and 32.5% females
UPPER MIDDLE QUARTILE
Circular diagram showing lower quartile pay gaps 61% males and 39% females
UPPER QUARTILE

Grey Box in key showing percentage for males % MALES Blue Box in key showing percentage for females % FEMALES

The above chart shows the gender distribution across four equally sized pay quartiles.

This shows that MandM has a higher percentage of male colleagues in the upper and upper middle quartiles, a slightly higher percentage of male colleagues in the lower middle quartile and an almost even split in the lower quartile.

Understanding our data

At MandM we are confident that men and women are paid equally while working in equivalent roles.

Our data shows that we currently have a higher percentage of our male population based in more senior roles in the business.

Our actions

Although we believe that our Gender Pay Gap shows that we pay equally, we have taken steps to ensure we are monitoring this regularly in more depth and to ensure that these results are consistent in all areas.

Whilst there is a pay gap between male and female colleagues across the business, we are confident that we pay male and female colleagues equally for equivalent roles. We will continue to monitor this regularly and are confident that the published information is accurate.

This statement is signed by the Chairman of MandM, Mike Tomkins

Mike Tompkins Signature - MandM

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