Entain’s 2023 Gender Pay Gap Report Reveals Substantial Differences
LISTEN TO THIS ARTICLE:Entain has published its Gender Pay Gap Report for 2023 examining the differences in salaries between its male and female employees, and although there was a relatively small difference in hourly pay, there were still significant differences in bonus pay.
The report found that there was a median hourly gender pay gap of 4%, which is an improvement on the 5.3% of 2021 but larger than the 3.2% gap found in 2022. However, the mean hourly gender pay gap was 15.9%, significantly smaller than in 2022 and 2021.
Related: Entain Releases 2022-23 ESG Report Highlighting Sustainability Initiatives and Performance
Large Differences Remain in Bonus Sizes
There was an increase in the median bonus gender pay gap from 38.7% in 2022 to 44.4% in 2023 but it was still lower than 2021’s 59.6%. However, the mean bonus gender pay gap fell from 66.1% in 2022 to 64.5% in 2023, but this was slightly up from 63.4% in 2021.
Entain also found that 65.3% of its male employees received a bonus compared to 60.3% of its female employees.
There was a surprisingly large variation in the number of female employees at Entain in each quarter. The figure stood at 53.5% and 57.4% in Q1 and Q2, respectively, but then fell to 49.9% in Q3 and then 37% in Q4.
New Initiatives to Improve Equality
Entain is launching a number of initiatives to improve equality within the company including Women@Entain, a Menopause Hub, and a Returnship program in collaboration with McLaren.
Furthermore, the company has a Workplace of Tomorrow mental health program that is working to support female employees and work towards a general culture of trust and psychological safety. In addition, Entain is working with Global Gaming Women and launched a Women@Entain mentoring program.
We are proud to attract and support talented women in an industry that has traditionally been male-dominated. However, we know that females are still underrepresented in some senior roles at Entain.
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