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MANAGING DIRECTOR’S INTRODUCTION
As a fair and competitive payer, it is always wor th noting that the gender pay gap is the average difference between pay for men and women. The calculation does not directly compare men and women doing the same job, but instead measures whether both are equally distributed across all levels of seniority.
And so, while equal (and competitive) pay is a given at Princes, our effor ts are focused on levelling up on equal oppor tunity.
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We are pleased to repor t that our gender pay gap in 2022 was 4.3%. This is significantly lower than the UK average of 14.9% and the more specific food manufacturing pay gap of 7%.
As always, there remains more work to be done and we will continue to work hard to remove the gender pay gap from our business through practical steps and our focus on inclusion to help make Princes a great place to work for everyone.
C AMERON MACKINTOSH Managing Director