To comply with the UK’s obligation as a large employer Flutter Entertainment (Global gambling group) released its gender pay gap report in 2020.
Across four business entities, the gender pay gap measured by Flutter constituted a report. Another part of the Flutter gender gap report 2020 is making the comparison between online and retail. Lower female representation was the main driver of the pay gap, and across quartiles, unequal distribution of men and women, Flutter outlined.
Across all jobs at all levels, the average earning difference of men and women outlined in the report of UK’s operator Flutter-owned brands. On the snapshot date, the Flutter brand has more than 250 employees, online gaming brands Betfair, retail bookmaker Paddy Power, Sky Betting and UK Gaming and PokerStars.
Data from the three operating entities in Online combined with the gender gap report compares the online business with the retail one and represents the overall picture. The pay level used four subcategories to divide the statistical populations and used mean and median hourly bonus pay. The four subcategories pay levels are lower, lower-middle, upper-middle, and upper. For the online business, Flutter did not post aggregate numbers.
Online VS Retail
The mean hourly pay gap is 13.7 percent for the Flutter online entities, and for the retail business, it is 9.3 percent, while for the online, the median was 15.6 percent, and for the retail, it is 3.8 percent. In favor of men, the mean bonus pays of 2020 was 42.4 percent and 30.3 percent for online entities, while for online, the median bonus pay gap was 22.8 percent, and for the retail businesses, it’s 32.2 percent.
An applicable pattern for both the online and retail divisions revealed by the quartiles, the gender pay goes up as the income level goes up. The lower online quartiles started from 70.7 percent and climb up to the upper quartiles online as 84.4 percent, while the lower quartile is 49.5 percent for the retail and the upper is 63.5 percent.
Brand by Brand
One thousand seven hundred nineteen employees at a Paddy Power, 55 percent for men, revealed a 9.3 percent mean hourly pay gap. Compared to the previous reporting period, the increase is 2 percent. Compared to 2019, the median hourly pay gap increases by 1.4 percent to 3.8 percent.