Bristol-based cloud distributor intY has bucked the technology gender pay gap trend, by paying its female employees more than its male staff.
The tech firm’s gender pay gap report shows that female staff are in fact paid 3 per cent more than their male counterparts. This is in stark contrast to the industry trend with the average technology firm paying men 18 per cent more than women. In addition, 40 per cent of Board members at the cloud distributor are women, 57 per cent of the management team are female and 31 per cent of women at intY hold senior positions.
CPO of intY, Becky Hunt said that the salaries reflect the jobs people are in, not their gender. “At intY we remunerate people for the skills, knowledge and experience required for the role and gender bears no relevance,” she said. “We also provide a very generous package including enhanced maternity, paternity and shared parental leave. We do this because we understand and believe that equal pay and childcare flexibility is important for families to be empowered to decide what works best for them, and does not rely on a stereotypical breadwinner or primary caregiver role.”
When comparing like-for-like jobs, women and men at intY are found to be paid exactly the same. However, the government standard for gender pay gap reports was to take the median wage of all jobs, something intY CEO Craig Joseph believes is not reflective of the industry. “The issue is that the UK Government has asked for companies to provide salary data and are basing their conclusions on the median value.
"This provides a basic indication, but it doesn’t factor in the role or the seniority of both genders, which is equally as important when monitoring equal opportunities in the workplace. It is intY’s position that pay for like-for-like roles should be equal regardless of gender, and comparing salaries across the business based on gender alone, without context, is misleading.”