WPP has a pay gap of 25.5% due to fewer women in senior executive roles
WPP published this month the UK gender pay gap data for 2017. The report shows a group1 median pay gap of 14.6% across all qualifying UK legal entities. The equivalent national figure is 18.4%. WPP’s group mean pay gap is 25.5%.
WPP has a gender-balanced workforce in the UK: 51% men and 49% women. However, there are fewer women in senior executive roles, where pay is highest, which results in a gender pay gap. This reflects the wider marketing services industry: according to the Institute of Practitioners in Advertising only 30.9% of C-suite roles in the UK are held by women.
According to the WPP, In the UK, WPP consists of a number of individual operating companies with, collectively, approximately 14,000 employees (excluding associates). Each of these companies – if it has 250 or more employees – is required to publish its own gender pay gap data. To give the most representative picture of the group overall, WPP has chosen to publish the consolidated data for all qualifying operating companies, in addition to the required statutory reporting.
Karen Blackett OBE, UK Country Manager, WPP, said: “We welcome the Government’s action on gender pay gap reporting, which will be a spur to further action by employers. Nonetheless, in common with the industry as a whole, we need to do more to change the gender profile of our leadership teams if we are to close our pay gap. We are placing an even greater emphasis on the development of female leaders, which includes actively promoting best practice in recruitment, training, mentoring, parental leave and flexible working within our companies.