GENDER PAY GAP REPORT 2022

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GENDER PAY GAP REPORT 2022
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GENDER PAY GAP REPORT 2022
1                                                                                  GENDER PAY GAP
                                                                                       REPORT 2022

    CONTINUING THE DRIVE
    TOWARDS PARITY OF PAY
    AND REPRESENTATION
    In 2021 we, along with organisations across the world, saw another
    extraordinary year. We responded quickly to the changing landscape with
    an emphasis upon providing support to our people, wherever they were
    located and strengthened our business as a result. We kept our focus on
    creating and maintaining an inclusive culture where everyone can thrive,
    based on their unique talents.
    We are particularly glad to see these continuous efforts being acknowledged
    and appreciated by our employees. Our employee surveys, which are key
    in our continuous listening strategy, help us understand how our people feel
    and how they view their future at PageGroup. We are pleased 86% of our
    employees feel positive about our commitment to diversity and inclusion,
    and there has been a significant 11% increase on 2020 survey findings in
    satisfaction around work-life balance.
    During the year, we also actively increased the diversity of thought and
    input to our strategic business decision-making through the launch of our
    Executive Shadow Board. Its members are already having an exciting and
    positive impact in reviewing the Executive Board’s agenda.
    We have also committed to the UN Sustainable Development Goal of
    gender equality and have signed up to the UN Global Compact Target
    Gender Equality programme.
    Against these efforts and successes, the higher numbers of men in senior
    leadership positions, including the largely UK-based Executive Committee,
    is impacting the mean pay gap. However, as we continue to invest in
    the development and retention of our female senior leadership, we are
    pleased and encouraged to see a narrowing median pay gap at all levels,
    demonstrating that more women are coming through our talent pipeline.
    With our focus on promoting from within, we expect this positive trend to
    continue and are taking targeted and measurable action to accelerate this.

    Gary James
    Chief People Officer
GENDER PAY GAP REPORT 2022
2                                                                           GENDER PAY GAP
                                                                                REPORT 2022

DIVERSITY IN LEADERSHIP:
GOOD FOR OUR PEOPLE AND
GOOD FOR OUR BUSINESS
PageGroup is a people business and that starts with our own people.
We remain committed to developing and retaining talent, while promoting
equal opportunities and inclusion in the workplace. We have worked hard
over the years to create an inclusive culture of trust and compassion and
a working environment where all our people feel valued and heard.
With the heightened uncertainty as a result of the pandemic and broader
economic challenges, we felt it all the more important to maintain our
focus on supporting our internal diversity, equity and inclusion agenda,
including our Women@Page programme.
Our focus remains to enable, engage and empower our female
employees, allowing them to succeed and unleash their talent in a fair
work environment.
Our Global Female Mentoring Programme and Senior Female
Leaders Network are instrumental here in creating mutually supportive
communities, where experience is shared and the next generation of
female leaders is encouraged and equipped to succeed.
With initiatives such as senior leadership targets on gender equality,
unconscious bias training and mentoring, we strive to accelerate the
development of our female leaders and, ultimately, reduce the mean
gender pay gap. We are pleased to see the impact of our efforts across
the organisation, with the median pay gap decreasing continuously
since 2018.
While we are aware we have more to do to close the gaps that still exist,
we are pleased with the continued progress we have made in the past
year and are confident we are on track to achieve true equality at all
levels in the future.

Sarah Kirk
Global DE&I Director
GENDER PAY GAP REPORT 2022
3                                                                                     GENDER PAY GAP
                                                                                          REPORT 2022

MEASURING OUR
GENDER PAY GAP
HOW WE MEASURE
AND RESULTS
This is the fifth year we have reported on the Gender Pay Gap and it reflects:
Ū The mean and median Gender Pay Gap as of
  5 April 2021
Ū The mean and median Gender Bonus Gap based
  on the 12 months prior to the point of analysis on
  5 April 2021
We are required to report on results which include our own employees in the UK as
well as temporary workers who we place and for whom we manage payroll.
We have full responsibility for the pay levels of our own employees but not for the
pay rates of temporary workers, which are set by our clients.
GENDER PAY GAP REPORT 2022
4                                                                                              GENDER PAY GAP
                                                                                                   REPORT 2022

COMBINED GENDER PAY GAP RESULTS
(includes PageGroup employees and temporary workers at client companies)

                                    2021                                       2020                   Change

GENDER                          MEAN           MEDIAN                 MEAN            MEDIAN   MEAN       MEDIAN
PAY GAP                       24%              24%                   19%             19%        5%         5%

BONUS
                                MEAN           MEDIAN                 MEAN           MEDIAN    MEAN       MEDIAN
GENDER
PAY GAP                       49%              28%                   50%             41%       -1%       -13%

PROPORTION                     WOMEN              MEN                WOMEN             MEN     WOMEN       MEN
RECEIVING A
BONUS PAYMENT
                               24%             31%                   32%             42%       -8%       -11%

Mean figure: the difference between the average of men’s and women’s pay
Median figure: the difference between the midpoints in the ranges of men’s and women’s pay

PAGEGROUP GENDER PAY GAP RESULTS
(PageGroup Employees only)

                                      2021                                       2020                  Change

GENDER                          MEAN           MEDIAN                 MEAN            MEDIAN   MEAN       MEDIAN

PAY GAP                       22%              13%                   19%             16%        3%        -3%

BONUS                           MEAN           MEDIAN                 MEAN           MEDIAN    MEAN       MEDIAN
GENDER
PAY GAP
                              52%              32%                   49%             37%       3%         -5%

PROPORTION
RECEIVING                      WOMEN              MEN                WOMEN             MEN     WOMEN       MEN

A BONUS                        53%             59%                   70%             80%       -17% -21%
PAYMENT
GENDER PAY GAP REPORT 2022
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                                                                                                                   REPORT 2022

UNDERSTANDING
THE GAP
COMBINED RESULTS
The combined results include a large population of contractors and temporary employees who are outside the control and
influence of PageGroup.
The mean and median gender pay gaps have each increased by 5%, which has been partly influenced by the change in
working patterns caused by the pandemic.
The overall proportion of male and female employees remains stable compared to the previous year with females representing
56% of workers. The top quartile gender distribution remains unchanged, with 42% of females and 58% of males. The
proportion of females in the middle two quartiles decreased by 3%. In the upper middle quartile, females represented 54%
(57% in 2020), and in the lower middle quartile, they accounted for 61% of employees (64% in 2020).
In addition to the pandemic context, the IR35 changes affecting Limited Company contractors has also impacted the 2021
results. These changes have brought higher paid contractors into our payroll increasing the mean gender pay gap as a result.
We see a positive trend in the bonus gender pay gap, both for the mean gap decreasing by 1% and the median gap
decreasing by 13%. The proportion of employees receiving a bonus in 2021 has however decreased with an 8% reduction for
females and 10% reduction for males.

PAGEGROUP RESULTS
Across PageGroup, the gender split is 51% female and 49% male.
This trend is consistent across the organisation except for the top
quartile, where improvements need to be made.
We have seen encouraging results for the median pay gap, which is
down 3%, reflecting the increasing number of females coming through
the ranks, with a 7% increase in their population in the third quartile on
2020. These results confirm the trend of previous years.
The mean pay gap has increased by 3%, impacted by the higher
number of male Executive Board members and senior leadership on
the UK payroll.
As a response to the pandemic, bonus and commission payments
decreased for both males and females in 2021. Similar to the pay gap,
while the bonus gender pay gap has widened by 3% in 2021, the
median bonus gap has reduced by 5%.
Despite the challenges presented by the pandemic, PageGroup is
committed to prioritising the work around gender equality and the
acceleration of females attaining senior leadership positions.
GENDER PAY GAP REPORT 2022
6                                                                                                                                             GENDER PAY GAP
                                                                                                                                                   REPORT 2022

 CLOSING THE GAP – SUPPORTING
 WOMEN ACROSS PAGEGROUP
 As our business grows organically, and our leadership is mostly promoted from within, we place our focus on accelerating the progression
 of our female employees into senior leadership roles. Our commitment to support women in their professional development at PageGroup
 remains unchanged, which is reflected in the programmes we run in the UK – and globally:

 International Women’s Day 2021 – A global DE&I                       Women in Leadership profile series to
 campaign to celebrate women across PageGroup.                        shine a spotlight on our talent pipeline and
                                                                      building a network of female role models
                                                                      globally.

 Senior Female Leaders                                          Shadow Board – Seven across our regions as well as an Executive
 Network to drive                                               Board Shadow Board.
 conversations and
 best-practice sharing.                                                          Shadow Executive Board

                                                                      Kyle          Sabrina      Joanna    Aurelien   Nupur       Boudewijn
                                                                     Burnett        Berfas       McCrae   Beaucamp    Mehta        Beuvery

                                                                      Lorena     Jean-Baptiste   Sharon    Pamela      Nicolai   Anne-Sophie
                                                                     Gutierrez      Olagne        SY Li   Gonzalez    Dwinger      Legrain

                  Global Female Mentoring
                  Programme – launched in 2013 to
                  engage, enable and empower our
                  female leaders.                               Parents@Page Network to provide a flexible and welcoming
                                                                workplace for parents and carers, including:
                                                                • Parenting seminars and pre/post maternity workshops
                                                                • Free Emergency Child and Elder Care
                                                                • Improved maternity and paternity Policies
                                                                • ‘Bring your kids into work’ days
 Women@Page Network               Accountability –
 to drive equality and fair       Performance objectives
 opportunities for success        for MDs including
 regardless of gender.            mandatory DE&I
                                  objectives.

Training and Development                                         Flexible Working – our flexible approach to working life, supported
• Global DE&I and Global Talent Alignment                        by innovative technology, facilitates work-life balance and fosters self-
                                                                 development and career growth.
• Measurement and tracking of High Potential female talent
• Gender Communication Training for our leadership
• I am Remarkable workshops

 External commitments and recognition – Gender equality is a key
 focus for us and we have signed up to the UN Global Compact Network
 with a gender target of 50/50 in senior leadership roles by 2030. We have
 also signed up to Target Gender Equality – a gender accelerator programme
 aimed at setting and reaching ambitious corporate targets for women’s
 representation and leadership.                                                                                                                      AND MATERNITY RIGHTS
GENDER PAY GAP REPORT 2022 GENDER PAY GAP REPORT 2022 GENDER PAY GAP REPORT 2022
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