Homes England has reported an “unacceptably large” gender pay gap of 18.2% and admits its pace of progress in narrowing it has been “disappointing”.
The company said it had narrowed the gender pay gap marginally this year by 0.2 percentage points, compared with 2017’s mean figure of 18.4%.
Its median pay gap stands at 17.5%, which marks a 2.1 percentage point improvement since last year, which stood at 19.6%.
Women’s bonuses are also 62.7% lower than men’s.
Homes England chief executive Nick Walkley said the company’s pay gap was “still not good enough” and its slow pace of progress has been “disappointing”.
He added: “The steps we took this year were purposeful and well intentioned, but ultimately haven’t shifted the status quo in any meaningful way.
“I accept that we need to do things differently this year if we want our numbers to align with our ambitions.”
Homes England is the latest to file its gender pay gap for 2018.
Last week, CBRE revealed its gender pay gap had increased from 17.4% in 2017 to 18.6% for 2018, while Cushman & Wakefield’s mean gender pay gap (which now includes salaried and equity partners) remained broadly flat year-on-year at 35.8%.
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