Gender Pay Gap Statement

Date: 27th August 2023

Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ UK

Email: gender-pay-gap@initiative.ltd

Our Commitment To Equal Pay

At Initiative LTD, we are deeply committed to ensuring that all our employees, regardless of gender, are compensated fairly for their work.

We believe in the principles of transparency, fairness, and equality, and we strive to uphold these values in every aspect of our business operations.

Understanding The Gender Pay Gap

The gender pay gap is the difference in average earnings between men and women over a specific period.

This difference can be influenced by various factors, including but not limited to, differences in roles, hours worked, and other external market factors. It’s essential to differentiate between the gender pay gap and equal pay.

Equal pay refers to men and women receiving the same pay for the same or similar work. Our commitment is unwavering in both these areas.

Actions We Are Taking

To address the gender pay gap within our organization, we are implementing several initiatives:

Regular Pay Audits: We will conduct regular pay audits to ensure that our compensation packages remain fair and competitive.
Promotion of Women in Leadership: We are committed to promoting more women into leadership roles and ensuring they have equal opportunities for advancement.
Training and Development: We will invest in training and development programs, especially for women, to equip them with the skills needed to advance in their careers.
Flexible Working Arrangements: Recognizing the challenges many women face, especially those with caregiving responsibilities, we offer flexible working arrangements to support work-life balance.

Transparency And Reporting

We believe in being transparent about our gender pay gap figures and the steps we are taking to address them.

We will publish an annual report detailing our progress and any changes in our statistics. This report will be available to all our stakeholders, including our employees, customers, and the general public.

Related Policies

For more information on our commitment to fairness, equality, and inclusivity, please refer to the following policies:

Feedback And Queries

We welcome feedback from our stakeholders on our gender pay gap report and any related issues. If you have any questions or would like to discuss our findings in more detail, please contact us at the email address provided above.

External Resources

For more information on the gender pay gap and related issues, we recommend the following external resources:

We remain committed to addressing the gender pay gap and ensuring that Initiative LTD is a fair and inclusive place to work for everyone.