Golding Homes bucks gender pay gap trend
Golding Homes is bucking the trend when it comes to the gender pay gap.
The 2024 figures published by the Maidstone-based housing association show that at -8.95%, the average (mean) difference between the hourly pay rates is in favour of women and notably different from the national statistic of a male-biased pay gap of +15.4%.
Steph Goad, Chief Executive, said: “ We’re proud of these figures which reflect the importance of treating all colleagues fairly and rewarding them well for the job they do, irrespective of their gender.
"The theme of this year’s International Women’s Day is ‘Inspire Inclusion’ and at Golding we’re working hard to champion progression for women at all levels of the business. We offer a truly flexible approach, including hybrid working, to help work-life balance which is especially helpful for colleagues with a variety of family commitments.”
Golding’s executive management team includes three women and two men. The organisation employs more women than men and a greater number of women in positions where hourly earning rates are higher.
Successful promotion and progression opportunities for women, together with reviews of policies including maternity, menopause, parental leave, and training and guidance for managers, have been drivers in recruitment and retention. It’s a dynamic people strategy that’s helped to put Golding in a position that’s had this positive impact on traditional gender pay gap trends.