As part of the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017, the Government requires organisations with 250 or more employees to report annually on the differences between average and median levels of pay for men and women. This difference is known as the ‘gender pay gap’.
This report details the metrics as of the 5th April 2020, the mandatory snapshot date, and summarises the activities in the year up to this date. Ricardo has two legal entities with 250 or more employees:
- Ricardo UK Ltd (which includes UK employees in the internal divisions of Automotive, Performance Products, Strategic Consulting, and Software)
- REE (Ricardo AEA Ltd, trading as Ricardo Energy & Environment)