Gender Pay Gap

Gender Pay Gap Reporting as at April 2023:

Mean Gender Pay Gap 17.5%
Median Gender Pay Gap 29.8%
Male Receiving Bonus 27.7%
Female Receiving Bonus 20.3%
Mean Bonus Gender Pay Gap 47.3%
Median Bonus Gender Pay Gap 88.3%

Quartile Breakdown:

Lower Quartile Male 25%
Lower Quartile Female 75%
Lower Middle Quartile Male 17%
Lower Middle Quartile Female 83%
Upper Middle Quartile Male 27%
Upper Middle Quartile Female 73%
Upper Quartile Male 41%
Upper Quartile Female 59%

At Owl Optical Ltd t/a M&S Opticians we have always been committed to treating our people equally and ensuring that everyone, irrespective of ethnicity, background or gender, can progress and develop in direct proportion to their individual ability and commitment.

Our workforce of over 300 is split 74% women to 26% men. The gender pay gap, however, simply shows the difference in the average hourly earnings of men and women regardless of their roles in a business. The gap is not caused by men and women being paid differently to do the same job, but by the inherent nature of retail businesses in which many more women than men are employed in store-based customer facing roles.

I confirm the data contained within this report is accurate.

Nicholas Georgevic,
Chief Executive

October 2023