Mediahuis Ireland reveals 22 per cent gender pay gap

MEDIAHUIS Ireland has said it needs to address a “significant imbalance” between men and women at management level after revealing a 22 per cent gender pay gap.

The publisher of Irish Independent, Sunday Independent, Independent.ie, Sunday World and regional magazines has an average gender pay gap of 22.3 per cent and a median gender pay gap of 24.4 per cent.

The report was published today, just a day after RTÉ announced that the average gender pay gap is 13 percent.

It shows that almost 90 percent of women received a bonus while 94 percent of men received a bonus, and there is an average bonus pay gap of almost 35 percent.

The gender pay gap is a measure of the difference between the average earnings of men and women in an organization, regardless of their role.

Employers with more than 250 employees are required to publish reports on their pay gaps this month, under the new Reporting Act.

The pay gap figures were collected on a so-called “snapshot” day in June.

In an email to staff today, Mediahuis Ireland’s Executive Committee said the data relates to staff in the Republic and excludes those working in Northern Ireland.

The committee said the gender pay gap is different from equal pay for equal work.

It confirmed that “on average” men and women are paid equally if they perform the same role at the same level in the organization.

“However, like many organisations, we have more men than women in leadership, publishing and technology roles and this is the main reason for our gender pay gap – this is the difference between the average earnings of men and women (regardless of roles or seniority) ‘ the email said.

“We are obviously aware that the numbers clearly point to a leadership imbalance that needs to be addressed and we have outlined in the attached report our proposed action plan to begin closing the gap.”

The publishing group is committed to honoring its commitments in this regard and believes its policies and initiatives will help point it in the right direction.

According to the report, the awards include €500 gift vouchers given to all employees last year.

The large average gender bonus gap of nearly 35 percent is “demonstrative of the higher proportion of men in senior positions who participate in the company’s annual bonus plans.”

Under the heading “Key Concerns” it is stated that there are more women than men in the lower entry level and in administrative and support functions.

It is said that the proportion of women in the remaining salary brackets and management levels is decreasing significantly.

“We are at the very beginning of our journey to quantify this gap for the first time, and we recognize and acknowledge that this is clear evidence of a significant imbalance within our organization that needs to be addressed,” it said.

It is committed to being an inclusive employer and to initiating programs aimed at increasing gender representation throughout the company.

“While we’re seeing improvements, we know we have a lot more work to do,” it said.

It is committed to significantly increasing and developing its female workforce across all functions and levels to improve the male/female ratio from its current level of 61 to 39 percent.

According to the report, a gender equality action group will be set up early next year to keep the gender gap high on the organisation’s agenda.

It will launch three dedicated women-focused development programs to significantly narrow the gap, including Women in Leadership, Women in Publishing and Women in Tech.

Mediahuis Ireland said it would guarantee gender-balanced shortlists for all executive appointments where possible.

The company is also committed to doing its part to work towards the Mediahuis Group’s goal of achieving 50/50 gender-balanced leadership by 2030.

The Irish Independent has reached out to a spokesman for Mediahuis Ireland for comment.

https://www.independent.ie/irish-news/news/mediahuis-ireland-reveals-gender-pay-gap-of-22pc-42232790.html Mediahuis Ireland reveals 22 per cent gender pay gap

Fry Electronics Team

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