The Company's remuneration strategy is designed specifically to provide all colleagues undertaking the same job with an equal opportunity to earn in line with their contribution to the Company's performance and/or their own personal performance irrespective of gender.
Each year the Company reviews its remuneration strategy, and the underlying pay data, to ensure that this remains the case. Accordingly, the Company is confident that it is able to deliver an equal pay working environment to colleagues.
The automotive sector demographics are such that there is a heavier weighting of male colleagues occupying retail sales and line management positions. Additionally, a high proportion of the sectors and the Company's technical and mechanical vehicle technician roles are also occupied by males. This higher distribution of males into what are, on average, higher paid roles drive the sectors and the Company's Gender Pay disparity.
Over recent years the Company has made progress in relation to achieving a more gender balanced workforce with a higher proportion of sales, technician and management roles being occupied by women. Internally developed talent programmes are also successfully progressing more women into management roles. Accordingly, progress is being made to close this gap over time.
| Statutory Entity | Gender Pay Gap (%) Mean |
Gender Pay Gap (%) Median |
|---|---|---|
| Bristol Street Fourth Investments Limited | 17.75 | 16.56 |
| Bristol Street First Investments Limited | 27.34 | 17.41 |
| Vertu Motors plc | 41.06 | 28.57 |
| Grantham Motor Company Limited | 14.16 | 15.81 |
| Vertu Motors (Continental) Limited | 20.23 | 19.55 |
| Vertu Motors (VMC) Limited | 27.61 | 20.37 |
| Albert Farnell Limited | 19.52 | 21.47 |
| Vertu Accident Repair Limited | 32.17 | 29.37 |
| Vertu Motors (TMC) Limited | 9.82 | 11.32 |
| South Hereford Garages Trade Parts LLP* | 0.53 | -2.00 |
| Vertu Motors (Chingford) Limited* | 24.24 | 17.32 |
| Vans Direct Limited* | 39.27 | 33.26 |
| All Car Parts Limited* | 17.26 | 0.00 |
| Helston Garages Limited* | 30.96 | 17.93 |
| Vertu Motors (Overall) | 21.89 | 20.04 |
*Under 250 heads, therefore, not reportable under the Gender Pay Gap regulations but added into the PLC Grand Total
| Statutory Entity | Proportion of Men | Proportion of Women |
|---|---|---|
| Albert Farnell Ltd Upper | 88.41% | 11.59% |
| Albert Farnell Ltd Upper Middle | 80.49% | 19.51% |
| Albert Farnell Ltd Lower Middle | 63.41% | 36.59% |
| Albert Farnell Ltd Lower | 64.46% | 35.54% |
| Bristol Street First Investments Upper | 89.66% | 10.34% |
| Bristol Street First Investments Upper Middle | 90.97% | 9.03% |
| Bristol Street First Investments Lower Middle | 64.48% | 35.52% |
| Bristol Street First Investments Lower | 76.14% | 23.86% |
| Bristol Street Fourth Investments Upper | 85.83% | 14.17% |
| Bristol Street Fourth Investments Upper Middle | 86.02% | 13.98% |
| Bristol Street Fourth Investments Lower Middle | 69.13% | 30.87% |
| Bristol Street Fourth Investments Lower | 70.49% | 29.51% |
| Grantham Motor Company Upper | 83.05% | 16.95% |
| Grantham Motor Company Upper Middle | 80.23% | 19.77% |
| Grantham Motor Company Lower Middle | 59.55% | 40.45% |
| Grantham Motor Company Lower | 71.75% | 28.25% |
| Vertu Motors VMC Upper | 90.10% | 9.90% |
| Vertu Motors VMC Upper Middle | 87.13% | 12.87% |
| Vertu Motors VMC Lower Middle | 58.82% | 41.18% |
| Vertu Motors VMC Lower | 65.05% | 34.95% |
| Vertu Motors PLC Upper | 77.05% | 22.95% |
| Vertu Motors PLC Upper Middle | 52.75% | 47.25% |
| Vertu Motors PLC Lower Middle | 40.76% | 59.24% |
| Vertu Motors PLC Lower | 29.12% | 70.88% |
| Vertu Motors (Continental) Limited Upper | 85.12% | 14.88% |
| Vertu Motors (Continental) Limited Upper Middle | 86.85% | 13.15% |
| Vertu Motors (Continental) Limited Lower Middle | 66.78% | 33.22% |
| Vertu Motors (Continental) Limited Lower | 68.86% | 31.14% |
| Vertu Accident Repair Limited Upper | 98.75% | 1.25% |
| Vertu Accident Repair Limited Upper Middle | 100.00% | 0.00% |
| Vertu Accident Repair Limited Lower Middle | 91.25% | 8.75% |
| Vertu Accident Repair Limited Lower | 71.08% | 28.92% |
| Vertu Motors (TMC) Limited Upper | 87.10% | 12.90% |
| Vertu Motors (TMC) Limited Upper Middle | 85.71% | 14.29% |
| Vertu Motors (TMC) Limited Lower Middle | 68.33% | 31.67% |
| Vertu Motors (TMC) Limited Lower | 81.82% | 18.18% |
| Vertu Motors (Overall) Upper | 86.18% | 13.82% |
| Vertu Motors (Overall) Upper Middle | 82.98% | 17.02% |
| Vertu Motors (Overall) Lower Middle | 64.19% | 35.81% |
| Vertu Motors (Overall) Lower | 66.88% | 33.12% |
| Statutory Entity | Mean Gender Pay Gap |
Median Gender Pay Gap |
|---|---|---|
| Albert Farnell Limited | 10.22 | 21.80 |
| Bristol Street First Investments Limited | 12.22 | 35.36 |
| Bristol Street Fourth Investments Limited | 10.52 | 26.23 |
| Grantham Motor Company Limited | 9.95 | 32.45 |
| Vertu Accident Repair Limited | 7.37 | 68.39 |
| Vertu Motors (Continental) Limited | 11.42 | 60.54 |
| Vertu Motors (VMC) Limited | 18.05 | 58.90 |
| Vertu Motors plc | 40.25 | 50.06 |
| Vertu Motors (TMC) Limited | 11.24 | 69.78 |
| Vertu Motors (Overall) | 14.56 | 41.26 |
| Statutory Entity | Proportion of Males in Receipt of Bonus | Proportion of Females in Receipt of Bonus |
|---|---|---|
| Albert Farnell Limited | 64.27% | 45.61% |
| Bristol Street First Investments Limited | 67.07% | 56.76% |
| Bristol Street Fourth Investments Limited | 76.03% | 64.19% |
| Grantham Motor Company Limited | 66.21% | 63.59% |
| Vertu Accident Repair Limited | 84.64% | 64.52% |
| Vertu Motors (Continental) Limited | 73.09% | 54.18% |
| Vertu Motors (VMC) Limited | 67.35% | 54.95% |
| Vertu Motors plc | 51.23% | 47.25% |
| Vertu Motors (TMC) Limited | 62.87% | 46.81% |
| Vertu Motors (Overall) | 70.21% | 56.19% |
I confirm that these published figures are an accurate account of our gender pay gap as at April 2024.
Matthew Barr
HR Director