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 | 14.87 | 13.98 |
| Bristol Street First Investments Limited | 21.37 | 16.87 |
| Grantham Motor Company Limited | 15.18 | 14.01 |
| Vertu Motors (Continental) Limited | 20.87 | 20.03 |
| Vertu Motors plc | 39.73 | 29.85 |
| Vertu Motors (VMC) Limited | 19.67 | 14.35 |
| Albert Farnell Limited | 17.72 | 18.37 |
| Vertu Accident Repair Limited | 31.20 | 24.10 |
| South Hereford Garages Trade Parts LLP* | 7.83 | 2.09 |
| Vertu Motors (Chingford) Limited* | 29.02 | 18.23 |
| Vans Direct Limited* | 41.34 | 44.30 |
| All Car Parts Limited* | 40.46 | 2.55 |
| Vertu Motors Third Limited* | 16.01 | 23.28 |
| Helston Garages Limited* | 60.36 | 57.02 |
| Vertu Motors (Overall) | 19.18 | 17.20 |
*Under 250 employees. Not reportable under Government Gender Pay Gap regulations but added into the Vertu Motors (Overall) Total.
| Statutory Entity | Proportion of Men | Proportion of Women |
|---|---|---|
| Albert Farnell Limited Upper | 90.00% | 10.00% |
| Albert Farnell Limited Upper Middle | 82.39% | 17.61% |
| Albert Farnell Lkmited Lower Middle | 66.25% | 33.75% |
| Albert Farnell Limited Lower | 67.90% | 32.10% |
| Bristol Street First Investments Limited Upper | 89.39% | 10.61% |
| Bristol Street First Investments Limited Upper Middle | 88.64% | 11.36% |
| Bristol Street First Investments Limited Lower Middle | 57.58% | 42.42% |
| Bristol Street First Investments Limited Lower | 79.1% | 20.83% |
| Bristol Street Fourth Investments Limited Upper | 88.38% | 11.62% |
| Bristol Street Fourth Investments Limited Upper Middle | 82.97% | 17.03% |
| Bristol Street Fourth Investments Limited Lower Middle | 68.34% | 31.66% |
| Bristol Street Fourth Investments Limited Lower | 68.74% | 31.26% |
| Grantham Motor Company Limited Upper | 83.41% | 16.59% |
| Grantham Motor Company Limited Upper Middle | 86.18% | 13.82% |
| Grantham Motor Company Limited Lower Middle | 58.53% | 41.47% |
| Grantham Motor Company Limited Lower | 76.96% | 23.04% |
| Vertu Motors (VMC) Limited Upper | 88.57% | 11.43% |
| Vertu Motors (VMC) Limited Upper Middle | 82.86% | 17.14% |
| Vertu Motors (VMC) Limited Lower Middle | 57.69% | 42.31% |
| Vertu Motors (VMC) Limited Lower | 69.44% | 30.56% |
| Vertu Motors PLC Upper | 76.44% | 23.56% |
| Vertu Motors PLC Upper Middle | 52.87% | 47.13% |
| Vertu Motors PLC Lower Middle | 36.21% | 63.79% |
| Vertu Motors PLC Lower | 39.77% | 60.23% |
| Vertu Motors (Continental) Limited Upper | 86.82% | 13.18% |
| Vertu Motors (Continental) Limited Upper Middle | 90.13% | 9.87% |
| Vertu Motors (Continental) Limited Lower Middle | 62.17% | 37.83% |
| Vertu Motors (Continental) Limited Lower | 74.18% | 25.82% |
| Vertu Accident Repair Limited Upper | 100.00% | 0.00% |
| Vertu Accident Repair Limited Upper Middle | 98.88% | 1.12% |
| Vertu Accident Repair Limited Lower Middle | 82.72% | 17.28% |
| Vertu Accident Repair Limited Lower | 79.45% | 20.55% |
| Vertu Motors (Overall) | 87.20% | 12.80% |
| Vertu Motors (Overall) Upper Middle | 82.72% | 17.28% |
| Vertu Motors (Overall) Lower Middle | 61.23% | 38.77% |
| Vertu Motors (Overall) Lower | 69.52% | 30.48% |
| Statutory Entity | Mean Gender Pay Gap |
Median Gender Pay Gap |
|---|---|---|
| Bristol Street Fourth Investments Limited | 12.35 | 49.28 |
| Bristol Street First Investments Limited | 13.39 | 69.75 |
| Vertu Motors plc | 38.31 | 51.80 |
| Vertu Motors (VMC) Limited | 13.83 | 43.60 |
| Grantham Motor Company Limited | 8.76 | 56.96 |
| Albert Farnell Limited | 10.62 | 52.58 |
| Vertu Motors (Continental) Limited | 11.82 | 58.41 |
| Vertu Accident Repair Limited | 6.72 | 32.82 |
| Vertu Motors (Overall) | 14.01 | 56.20 |
| Statutory Entity | Proportion of Males in Receipt of Bonus | Proportion of Females in Receipt of Bonus |
|---|---|---|
| Bristol Street Fourth Investments Limited | 72.31% | 57.14% |
| Bristol Street First Investments Limited | 69.07% | 54.88% |
| Vertu Motors plc | 65.37% | 52.30% |
| Vertu Motors (VMC) Limited | 76.11% | 52.38% |
| Grantham Motor Company Limited | 66.67% | 60.10% |
| Albert Farnell Limited | 68.26% | 51.37% |
| Vertu Motors (Continental) Limited | 64.64% | 48.41% |
| Vertu Accident Repair Limited | 78.95% | 50.00% |
| Vertu Motors (Overall) | 69.64% | 54.27% |
I confirm that these published figures are an accurate account of our gender pay gap as at April 2023.
Matthew Barr
HR Director