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Tesco to reveal gender pay gap statistics

Supermarket giant Tesco is the first in the UK to reveal its gender pay gap statistics.

A report made by the group showed its median gender pay gap was 8.7%, which is below the UK average median pay gap of 18.4%, according to the Office for National Statistics (ONS).

According to the group the gap is largely driven by career and lifestyle choices, with more male colleagues working shifts at times that offer premium pay, such night shifts, bank holidays and Sundays.

Matt Davies, Tesco UK CEO, said: “While we’re pleased that our gender pay gap of 8.7% is significantly below the UK median, we want to close the gap altogether. I’m pleased that we are making progress in this area and exceeded our own target of 25% women on the board by the end of 2017.”

He added “We believe that long-term, sustainable change will take time. But we also believe it is the right thing for our business and essential for our long-term future.”

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