20 March 2023
Urenco’s UK gender pay gap report was published today covering all UK-based employees. Produced on an annual basis under a UK Government requirement*, it measures the difference between the average (mean and median) gross hourly earnings for men and women, regardless of the nature of their work.
Our report shows that the mean hourly pay gap decreased by 0.6% to 13.1% due to women progressing into more senior roles. This has resulted in an overall decrease of 11% over a five year period when reporting requirements began.
The median hourly pay gap has increased slightly in 2022 by 0.3% to 12.6%, however, it continues to be below the national median pay gap of 14.9%. The slight increase is a result of changes in the gender distribution. Namely, since April 2021 there has been a small decrease of 0.6% in the overall proportion of females in the workforce.
Ian Deninson, Chief People and Culture Officer, comments:
“We are making good progress on our I&D journey with a robust strategy and attainable goals in place for 2022 - 2025. The steps we are taking are aimed at cultivating an inclusive and diverse work environment where all employees can be themselves, respected, valued and engaged to reach their full potential.”
The full gender pay gap report is available here.
*Gender pay gap reporting is a legal requirement from the UK Government for all employers in the UK with more than 250 employees. Currently Urenco UK is the only UK entity to meet the government’s criteria however Urenco has chosen to show the same data for all UK-based employees.
Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.
With its head office near London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Using centrifuge technology designed and developed by Urenco, and through the expertise of our people, the Urenco Group provides safe, cost effective and reliable services; operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.