Gender Pay Gap Report: 2017
Who we are
ProPharma Group is an industry leading, single source provider for regulatory compliance, pharmacovigilance, and medical information services across the full development lifecycle for pharmaceutical, biotechnology, and medical device companies. Operating around the world with offices in the United States, United Kingdom, Australia, and Japan, ProPharma Group’s fully integrated service offerings provide clients with a comprehensive suite of global support services.
The UK business, ProPharma Group MIS Ltd, is the only company within the Group required to report on the gender pay gap.
What we have to report
New legislation has come into force that requires companies with more than 250 employees to publish data about their gender pay gap.
On the snapshot date of 5th April 2017, ProPharma Group MIS Ltd employed 283 people; 21.9% were male and 78.1% were female.
There were 244 relevant employees for the purpose of the gender pay calculations; 23.4% were male and 76.6% were female.
We welcome the need to measure, understand and report our Gender Pay Gap. We are committed to seeking ways to further reduce our current median gender pay gap of 1.9%. The UK’s median gender pay gap for 2016 reported by the Office for National Statistics was 18.1%.
Gender Pay Gap Data
The median is the middle value if you place all the numbers you are looking at in order.
The mean is the total of all the numbers, divided by how many numbers there are.
The quartile pay bands are calculated by putting everyone’s salary in order from the highest paid to the lowest. That list is then divided into four equal parts and the percentage of men and women in each part is then shown.
The Analysis and our commitment to gender pay equality
ProPharma Group MIS Ltd has a significantly higher percentage of female employees then male employees. We also have a significantly higher proportion of women in senior management positions as shown in the upper quartile data above. While we are encouraged that there is only a median pay gap of 1.9% in the company, we will continue to review and implement measures to address this.
We already use salary bands to ensure we operate a fair remuneration policy and this provides the same level of pay for men and women who are employed in the same jobs. Our overall compensation strategy provides a platform on which we can review and adjust salaries in line with market forces and to recognise the skills and experience of our workforce.
We have already introduced family friendly policies and many men and women have taken advantage of flexible working arrangements. We promote flexible working and provide many part-time working opportunities for our workforce. This has resulted in the retention of some employees who may have otherwise had to leave their employment.
ProPharma Group MIS Ltd is committed to providing a workplace where we recognise the skills and experience of our employees and an environment that provides opportunities to support both personal and professional growth.
Central to this is our aim of rewarding colleagues proportional to their contributions to the company’s success
We will, at all times conduct our business with integrity and be a company colleagues are proud to be part of.
I confirm that the calculations, data and analysis contained in this report are accurate and that the methodology provided in The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 has been applied correctly.
Senior Vice President,