Gender Pay Gap 2022
The Peter Vardy Group of companies is committed to driving equality for men and women in the workplace, particularly with regards to pay. The Gender Pay Gap table below shows a average pay gap of 19.4% and a midpoint gap of 14.5%. However it is important to understand that this is caused by a higher proportion of our senior leadership team being male. We are confident that we have equal pay for men and women doing the same job.
The motor industry is traditionally male dominated, but at Peter Vardy we are working hard to address this gender imbalance by:
- Ensuring industry leading female representation at board level, with one third of our Board being female.
- Promoting the success of female role models within our business, including our CFO, the Finance Director of our Motor Division, our Director of Guest Experience and our Head of People Operations.
- Creating a Diversity and Inclusion council with volunteer representatives from all areas of our business, which is chaired by a senior board member.
- Breaking down barriers which have historically made it difficult for female colleagues to progress to senior positions, including offering flexible working.
- Investing in leadership development training for our current leadership as well as our leaders of the future, and aim for at least 50% of delegates to be female.
- Targeting female recruitment to our Apprenticeships and Trainee programs. 30% of our Trainee Sales team and 80% of our Trainee Accountancy roles are female.
30% of the Peter Vardy workforce are female. While this is ahead of the industry average, we know we can do more. We are confident that our strong, values led culture, and the initiatives above, will create an environment which will dispel the myth that our industry is for men and help give our female colleagues the tools and support to feel safe and to thrive in our business