Gender Pay Gap Reports

Sunrise Records and Entertainment Limited – Gender Pay Gap Report 2023-24

Sunrise Records and Entertainment Limited recorded its snapshot pay data as at 5 April 2023 and the results are outlined below.

Mean Gender Pay Gap

The company has recorded a mean gender pay gap of 12.3% based on fixed hourly rates for all full pay relevant colleagues: The mean gender pay gap is primarily driven by

• The higher proportion of male employees (61%) to female employees (39%) and therefore more males are in senior positions
• 46% of female colleagues are in part time roles
• The company has a proud history of long service with 73% of male colleagues having more than 10 years’ service compared to 27% of female colleagues
• In the 12 months leading up to the snapshot date of 5 April 2023, 51% of new recruits were female and 49% male

Median Gender Pay Gap

The median gender pay gap for hourly fixed pay is 0.0% as at 5 April 2023 for those colleagues on full pay at the snapshot date.

Proportion of males and females receiving a bonus payment

During the period under review there was a combination of bonus and long service awards made. The company made a cost of living bonus payment to colleagues employed at the qualifying date prior to payment. 82.5% of males received either a bonus or long service award in the period and 76.5% of females received either a bonus or long service award in the period.

Bonus Gender Pay Gap

The recorded mean bonus / long service difference is 31.4% and we had a median bonus / long service difference of 46.7%.

Pay Quartiles

The table below illustrates the gender distribution across each quartile of colleagues on full pay at the snapshot date, with each quartile holding 353 colleagues.

We acknowledge there is a gender imbalance in our staff profile some of which is historic. However, our latest twelve months recruitment statistics prior to the staging date had 52% female appointments which demonstrates that we are making considerable progress in this respect.

We confirm that the data reported is a true reflection of the gender differences in our mean and median hourly rate and pay quartiles in relation to the data held as at 5 April 2023.

Philip Halliday
Managing Director
Sunrise Records and Entertainment Limited

PREVIOUS REPORTS

REPORT 2022-23
REPORT 2021-22
REPORT 2020-21