Colliers combines 2019 and 2020 data to provide greater visibility of the impact it’s Balance in Business programme is having on gender pay gap.
Colliers International has published its gender pay report for 2019 and 2020 combined. The report shows a reduction in pay gap of 6% for the mean (37.5%) and 3% for the median (41.05%) year on year.
“The relaxed deadline for the 2019 report, due to the COVID-19 pandemic, gave us the opportunity to bring together data for 2019 and 2020, better aligning our report publication with the period the data relates to and creating a more meaningful link between actions and impact,” said Lydia Ings, HR Director, Colliers International. “Since our 2018 report, we have made great strides with the launch of our Balance in Business programme which, as its name suggests, is about achieving balance in everything we do. We know that the shift required to reduce our gender pay gap will take more time but focussing on changing perceptions and behaviours is what will make the difference in the long term.”
Colliers’ Gender Pay Report 2019 - 2020 provides more detail on the gender and bonus gap and outlines the steps the business has already taken in relation to this, as well as the key initiatives and strategies planned to further close the gap.
Tony Horrell, CEO UK & Ireland, Colliers International adds: “Improving representation across the firm at every level remains one of our top priorities, and we continue to look for new ways to ensure our culture creates a sense of belonging for all our people. We are committed to doing what’s right for our people, clients and communities, and closing the gender pay gap is a key part of this. The programme and actions we have put in place in recent years are resulting in visible change and I am encouraged to see that we’re heading in the right direction, yet remain determined that we continue to push ourselves further to pioneer a lasting change for our industry as a whole.”