Wellcome Trust promises change after reporting 21 per cent gender pay gap

08 Feb 2018 News

The offices of the Wellcome Trust, the UK's largest charitable foundation

The Wellcome Trust has published its gender pay gap, revealing that the median gap between men and women was 20.8 per cent - slightly above the national average of 18 per cent. 

All organisations, including charities, with more than 250 employees must publish details of the difference between average rates of pay for men and women by April. 

The Wellcome Trust said that the reason for its gap is that most of its senior roles are held by men, but nearly two-thirds of its workforce are women. 

Organisations also have to report on bonuses as well as pay. Here the median gap was 22.5 per cent, but the mean average was 78.8 per cent. 

Wellcome said this is because of “the long-term incentive plans we use within out investments team”, with the three senior male members of that team getting “significant bonuses” and “skewing the gap”. 

‘Steps to eradicate gender pay gap’ 

It has outlined a number of steps it will take to “eradicate our gender pay gap”. 

This includes fairer ways of recruiting women to senior roles, improving its diversity data and providing staff training.

Jeremy Farrar, the charity’s director, said he was committed to having a gender balanced executive team by 2023. 

At the moment just two of the 13-strong executive team are women. 

Farrar said: “Our collective aim is to create a culture in which people are motivated and equipped to reduce bias in their work, and where there is a balance of genders at all levels. As we learn more about the specific barriers that disadvantage certain groups of people from progressing in our workplace, we will remove them. 

“Gender pay gap will be one way of measuring our progress, and we welcome the opportunity to be open and honest about where we are by publishing our data alongside other organisations based in the UK.”

Last week RNLI published its figures showing that its male employees earned 0.7 per cent more than women on average. NCVO has also published details of its pay gap and urged other charities, including those that fall below the threshold to do the same.

For more news, interviews, opinion and analysis about charities and the voluntary sector sign up to receive the Civil Society News daily bulletin here
 

 

More on

We use cookies to ensure that we give you the best experience on our website. Read our policy here.