Cook on Wednesday (March 28) published its gender pay report, which reveals that despite 73% of its 9,000-strong UK work force being female, men outnumber women almost two-to-one on its senior management team (63% to 37%).
It’s a similar story on the Cook board where just 36% of members are female.
And despite making up just over a quarter of Cook’s UK work force, there is a disproportionate amount of men in the company’s two highest pay quartiles when compared against the overall gender balance of the whole company.
The highest “upper” quartile is split 34.5% male to 65.4% female and the “upper middle” quartile 33.5% male to 66.5% female.
Female Cook employees are paid, on average, 22.1% less than their male counterparts, with the largest gap in the business’s airline division, where the disparity is 54%.
Cook chief executive Peter Fankhouser said: “This report shows that we have much to do in the area of gender pay, and I am determined that we take meaningful action now to give us better balance across the organisation.
"As a customer-focused business, we know that a more balanced workforce at all levels brings wider perspectives and makes decisions which better reflect the customers that we serve, ultimately helping us to build a more successful business over the long term.”
