Gender Pay Gap Report
The Company has a diverse multinational workforce with 308 colleagues on 4 sites in the UK on the day of reporting, spanning all business functions - Sales, Marketing, Operations, Logistics, HR, Finance, Field Service Engineers, and R&D.
Gender Pay Gap based on hourly pay at Snapshot date 5th April 2022
|Mean Gender Pay Gap In Hourly Pay||-9.2%||-7.5%|
|Median Gender Pay Gap In Hourly Pay||-18.9%||-12.1%|
Bonus Pay Gap
|Mean Bonus Gender Pay Gap||-8.0%||-17.9%|
|Median Bonus Gender Pay Gap||0%||0%|
Proportion of Men & Women In Receipt Of Bonus
|Proportion Of Men Receiving Bonus||100.0%||92.9%|
|Proportion Of Women Receiving Bonus||100.0%||98.0%|
Pay Quartile Ranges 2022
|Male / Female||Male / Female|
|Upper Quartile||67.5% / 32.5%||69.2% / 30.8%|
|Upper Middle Quartile||55.8% / 44.2%||55.1% / 44.9%|
|Lower Middle Quartile||77.9% / 22.1%||75.6% / 24.4%|
|Lower Quartile||71.4% / 28.6%||70.9% / 29.1%|
Summary of 2023 Gender Pay Gap Report
- The mean and median gender pay gaps which show a minus sign ‘-’ denote female averages currently ahead of male reflecting strong female representation at board and senior management level.
- Whilst the historical gap between male and female pay fluctuates, Beko Plc aim to reduce differentials where possible. When looking at the proportion of males and females in each pay quartiles, the number of female staff has increased across the upper quartile measured.
Teresa Arbuckle, Managing Director of Beko Plc commented:
“As Managing Director, I believe strongly in a work environment that nurtures and rewards talent regardless of gender, ethnicity, belief, orientation, or background. The importance of gender equality is at the forefront of the minds of me and my leadership team, and we have made strides recently to continue to improve the way we work at Beko plc. ”
“As a result of Beko’s commitment to gender equality, women continue to demonstrate success in a wide range of leaderships roles alongside male counterparts. Our aim is to inspire colleagues irrespective of gender to take on higher positions and responsibility. Our Executive Board comprises a female Managing Director and a female Finance Director with 33% female representation at director level. Good news is our pipeline is even more robust, with 43% of middle and senior management positions filled by women.”
“We encourage a diverse team at Beko plc to help make our brands stronger and develop great products and services for our consumers. We believe in motivating all our colleagues, with 100% of people working at Beko plc receiving an annual bonus last year. In the latest report we have continued to see reductions in bonus differentials for men and women and the number of women in upper quartiles increasing. Our aim remains to achieve a level playing field on all metrics, with a target over time of reducing the gaps to as near zero as possible.”
“We have an established Diversity Equality & Inclusion Committee and a Women in Leadership group in the UK, with our dedication to gender equality echoed by our parent company Arçelik. Arçelik is a supporter of UNSDGs the United Nations Sustainable Development Goals and signatory of UNWEPs (United Nations Women’s Empowerment Principles). Arçelik is listed in the Bloomberg Gender-Equality Index 2023*. Additionally, our ultimate parent Koç Holding is an Award Winner on the Refinitiv Global Diversity and inclusion Index**.”
* Bloomberg Gender-Equality Index 2023
** Refinitiv Global Diversity & Inclusion Index
Koç Holding (#82).