Entain Reports 7 Per Cent Gender Pay Gap
Entain has reported a median gender pay gap of 7.1 per cent for 2020, which is considerably lower than the national average of 15.5 per cent.
The figures were published in the firm’s annual report, which is the first to follow its December rebrand from GVC Holdings to Entain Group.
The median pay gap was up slightly from previous years, having been 4 per cent in 2019 and 3 per cent in 2018.
However, the mean hourly pay difference between male and female employees was 15 per cent in 2020, down from 18 per cent in 2019 and 17 per cent in 2018.
This is likely to be explained by the slight reduction in the proportion of female employees in 2020, which was down from 50 per cent in 2019 to 47 per cent last year.
The firm’s median bonus pay gap was 13 per cent, which was significantly down from 36 per cent in 2019. The firm said that analysis of the pay gap reporting figures showed that “these gaps largely remain a function of lower numbers of women at our senior levels”.
The firm reported that just 23 per cent of employees at its senior manager level are women, compared to 22 per cent in 2018 and 23 per cent in 2019.
At board level, the proportion of female directors was 30 per cent at the end of 2020, rising to 40 per cent by 4 March 2021, when the report was published. Entain appointed its first female CEO Jette Nygaard-Andersen in January.
In the 196-page report, the firm said: “With our renewed focus on stronger governance through our Sustainability Charter comes a drive from the board and nominations committee to bring greater diversity at the director level.”
The business is a part of the industry’s All-in Diversity Project, which benchmarks diversity, equality, and inclusion for the global betting and gaming sector, to offer firms a context in which to improve the diversity of their business. Entain is a founding member of the scheme and ranked first on the All-Index list in 2020.
Co-founder of All-in Diversity Project Kelly Kehn said: “Entain have demonstrated a commitment and passion to D&I which clearly runs throughout their global business. Their drive to continuously improve is a great example to the whole sector of what is needed to make further progress and help us become a more inclusive industry.”
Entain said it was “committed to making Entain an inclusive place to work and we are continuing to invest in initiatives to create greater diversity at senior levels”.
Chairman JM Barry Gibson said: “We are proud that as one of only six companies in the FTSE100 with a female CEO, a board comprising 40per cent women as well as having BAME representation, Entain is clearly demonstrating its commitment to diversity and inclusion throughout the company.”