In compliance with Circular No. 10 of 2024 dated April 17, 2024, the following gender pay gap has been calculated for the year ended September 30, 2024:
- Mean Gender Pay Gap: -15.05%
- Median Gender Pay Gap: 4.35%
Basis of Calculation (Hourly Pay):
Category | Rs. Per Hour |
---|---|
Mean of Male Employees (A) | 790 |
Mean of Female Employees (B) | 909 |
Median of Male Employees (C) | 653 |
Median of Female Employees (D) | 625 |
SECP Notes for Guidance:
-
- Calculation for Mean Gender Pay Gap: (A − B) × 100 / A
- A = Mean hourly pay of male full-pay relevant employees
- B = Mean hourly pay of female full-pay relevant employees
-
- Calculation for Median Gender Pay Gap: (C − D) × 100 / C
- C = Median hourly pay of male full-pay relevant employees
- D = Median hourly pay of female full-pay relevant employees
- “Full-pay relevant employees” include those receiving full basic salary during the pay period. This includes cash allowances, holiday/leave pay, shift premium (if applicable).
- Excludes: overtime, on-call payments, pension, termination/notice pay, non-cash benefits (e.g., car), interest-free loans, arrears, etc.