Gender Pay Gap
Gender Pay Gap is a report required by law under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017, where companies that comprise more than 250 members of staff are obliged to report the percentage difference on average hourly earnings for Men and Women.
For the snapshot date of April 2023, Taiko Foods has published the results of its gender pay report on both its own website and on the Government portal. The snapshot shows the following measures:
- The mean and median gender pay gap
- The mean and median bonus gap
- The proportions of males and females who receive bonuses
Taiko Foods Gender Pay Gap Results:
Taiko Foods is a market-leading Japanese Food manufacturer based in London, focused on producing the best quality Sushi, Bentos and Food to Go products. This is a business which has been enriched by the diversity of backgrounds, experiences and ethnicities that make up its teams.
Promoting equality and diversity at all levels, regardless of gender, race or ethnicity, is something that is a priority for us.
We are pleased that our median pay gap has now reached parity, but we are aware that more needs to be done to close our mean gender pay gap.
We are consistently taking steps to foster a more equitable environment for colleagues. In the last year we have enhanced our maternity and parental leave pay and introduced a menopause awareness policy, menstruation awareness policy and infertility awareness policy.
To help us continue to close the gap, this year we are proud to have funded a female-led leadership course called Face Forward. The course equipped our workforce with leadership and management skills so that we can continue to advance more women into senior leadership positions across our business.
We recognise that not everyone identifies with their legal gender status, and we continually work to ensure that we provide a safe and inclusive workplace for all of our colleagues, regardless of their gender identity.
As a business, we remain committed to continuing to address disparities in pay and ensuring that we remain an employer of choice for our colleagues and within our industry.
As a business, we remain committed to continuing to address disparities in pay and ensuring that we remain an employer of choice for our colleagues and within our industry.
| MALE | FEMALE | GAP % | |
| Pay Rate | |||
| Mean | £12.29 | £11.68 | 4.95% |
| Median | £10.75 | £10.75 | 0% |
| Bonus Amount | |||
| Mean | £56.21 | £32.30 | 42.54% |
| Median | £1550.81 | £1000 | 35.52% |
| Quartile Pay Band | |||
| Lower | 62% | 38% | |
| Lower Middle | 38% | 62% | |
| Upper Middle | 42% | 58% | |
| Upper | 62% | 38% | |
| Paid Bonus | |||
| % Paid Bonus | 3% | 4% |
I can confirm the above is true and accurate.
Richard Hodgson
Chief Executive Officer
Taiko Foods