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Ikea

Ikea reports lower than average gender pay gap

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Ikea has revealed that its gender pay gap is 6.9%, which is significantly lower than the UK retail average of 16.4%.

Women who work in the distribution division of the company are paid an average of 0.9% more than their male counterparts.

That particular department makes up just under one tenth of the company’s UK operations and Ikea says that more women in distribution hold management positions.

However, only 17% of the company’s 900 distribution roles are held by women.

In the company’s retail department, male members of staff are paid 6.9% more. Ikea attributes the gap to having more of its female retail staff in part time roles.

In the report, the retailer said: “Although our pay gap is smaller than the averages for the UK and the retail industry, we know there is still work to do. Through the holistic approach across Ikea group and building on our inclusive culture and values, we are committed to finding new ways to achieve and maintain equality for every co-worker, no matter their gender, identity or background.”

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