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MediaCom’s 2019 and 2020 Gender Pay Gap Report

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At MediaCom UK we believe it is vital to have a diverse and gender-balanced workforce. Since our inception, we have worked hard to ensure this principle sits at the heart of our business strategy and culture. As such, we welcomed the government’s decision that, from 2017, all companies with 250+ employees publish their gender pay gap data on an annual basis.

In 2017 we published our first Gender Pay Gap report, which detailed salary and bonus data from across the business. Today we are publishing our Gender Pay Gap Report for 2019 and 2020, which includes the following data:

  • PAY GAP – percentage difference (mean and median) in hourly rate of pay between male and female employees at the snapshot date of 5 April
  • BONUS GAP – percentage difference (mean and median) in total bonus payments received by male and female employees in the 12 months preceding the snapshot date
  • QUARTILES – total percentage of employees in order from lowest hourly rate of pay to highest hourly rate of pay, split into four equal groups
  • PERCENT RECEIVED BONUS – percentage of all males and females who received a bonus in the 12 months preceding the snapshot date.

The below summarises the 2020 and 2019 data with the full report available for download here.

MediaCom UK Gender Pay Gap statistics (all data is from April 2020 and April 2019)

At MediaCom UK we are committed to rewarding all of our people fairly. We ensure equal pay across our organisation –a legal requirement in the UK – with bands that are specific to the role performed and the experience of employees and prospective candidates.

Following our reports from 2017 & 2018 we have continued to take proactive measures to help reduce any gaps identified. These include:

  1. Gender balanced hiring opportunities – all senior positions require a balanced shortlist of male and female candidates to be put forward
  2. Tackling bias and barriers – ongoing learning and development programmes to remove barriers
  3. Gender balance – deliver gender balance by 2023 at a senior management level as a business priority
  4. Preventing hiring bias – ensure interview panels are as balanced and representative as possible
  5. Using data to see the detailed picture – analyse our data to better understand where intervention is required

In the UK, the latest (2020) national median pay gap stands at 15.5% (Source: ONS).

At MediaCom UK, which includes MediaCom Holdings (our London agency and MediaCom Worldwide employees based in London) and MediaCom North (our employees based in Manchester, Birmingham and Leeds), the median gender pay gap was 6.59% in April 2019, falling to 3.08% in April 2020.

Within specific offices around the UK, MediaCom Holdings had a 2020 median gender pay gap of 4.20% (5.15% in 2019, decreased from 6.53% in 2018). MediaCom North has a median pay gap of 10.17% (11.61% in 2019, decreased from 14.9% in 2018).

MediaCom’s plan for the future

While we are pleased to see improvements in our gender pay gap, our mission is to reduce it further.

We have a number of initiatives in place to help us get there, including:

  1. Gender ERG – This is a group of people working to implement initiatives and learnings that speak to what our people need and want. It is open to all MediaCom employees, regardless of gender.
  2. Global Belonging Council – A diverse mix of senior people from different areas of our business globally who meet on a regular basis to drive sustainable change.
  3. Back in the Game – A GroupM programme and UK network aimed to support both men and women returning to work after an extended period away, whatever the circumstances.
  4. Leadership Reverse Mentoring – a programme that will see more junior employees act as mentors to our senior global leaders in order to shape the future of our agency.
  5. Parental Coaching – Enabling those who are preparing for parenthood, and/or to be out of the office for a prolonged period of time, to plan for the changes in their lives.

To learn more about MediaCom UK’s gender pay data, download our 2019 and 2020 Gender Pay Gap Report here.


Notes:

MediaCom UK is made up of two legal entities: MediaCom Holdings, which accounts for all employees based in London; and MediaCom North, which accounts for all employed based in Manchester, Leeds and Birmingham.

MediaCom Holdings includes our UK London agency and MediaCom Worldwide employees based in London. MediaCom Worldwide is a global company in 105 countries around the world. In April 2020 (and previous years) a significant proportion of MediaCom’s Worldwide Global Board (which includes the most senior leaders in the entire organisation) were based in London. As their salaries were processed by MediaCom Holdings payroll department, we have included these figures in our data.

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