{"id":26598,"date":"2026-03-17T08:51:32","date_gmt":"2026-03-17T08:51:32","guid":{"rendered":"https:\/\/www.evolutionfunding.com\/public\/?page_id=26598"},"modified":"2026-04-23T10:38:41","modified_gmt":"2026-04-23T10:38:41","slug":"gender-pay-statement","status":"publish","type":"page","link":"https:\/\/www.evolutionfunding.com\/public\/gender-pay-statement\/","title":{"rendered":"Gender Pay Statement"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"26598\" class=\"elementor elementor-26598\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3bed5dd e-flex e-con-boxed e-con e-parent\" data-id=\"3bed5dd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d10fe88 e-con-full e-flex e-con e-child\" data-id=\"d10fe88\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-7ac5831 e-con-full e-flex e-con e-child\" data-id=\"7ac5831\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b50e59c elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"b50e59c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i class=\"spectre-lucide-user-round-pen spectre-icon--style-outline\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"> <path d=\"M2 21a8 8 0 0 1 10.821-7.487\"\/> <path d=\"M21.378 16.626a1 1 0 0 0-3.004-3.004l-4.01 4.012a2 2 0 0 0-.506.854l-.837 2.87a.5.5 0 0 0 .62.62l2.87-.837a2 2 0 0 0 .854-.506z\"\/> <circle cx=\"10\" cy=\"8\" r=\"5\"\/> <\/svg><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6ec7a9 elementor-widget elementor-widget-heading\" data-id=\"b6ec7a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Gender Pay Statement<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d258a95 e-con-full e-flex e-con e-child\" data-id=\"d258a95\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-887c173 elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"887c173\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">March 2025 for April 2024 data<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bc0b2c9 e-flex e-con-boxed e-con e-parent\" data-id=\"bc0b2c9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a78fd89 e-con-full e-flex e-con e-child\" data-id=\"a78fd89\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-750f2d1 elementor-widget elementor-widget-text-editor\" data-id=\"750f2d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We are an employer required by law to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.<\/p><p>This involves carrying out six calculations that show the difference between the average earnings of men and women in our organisation; it will not involve publishing individual employee data.<\/p><p>We are required to publish the results on our own website and the government gender pay website.<\/p><p>We can use these results to assess:<\/p><ul><li>the levels of gender equality in our workplace. the balance of male and female employees at different levels.<\/li><li>how effectively talent is being maximised and rewarded.<\/li><li>the challenge in our organisation and across Great Britain is to eliminate any gender pay gap.<\/li><\/ul><p>Gender Pay Reporting requires our organisation to make calculations based on employee gender. We establish this by using our existing HR and monthly PAYE payroll records.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d69216e elementor-widget elementor-widget-text-editor\" data-id=\"d69216e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"overflow-x: auto;\">\n<table style=\"height: 100px;\" width=\"1152\" cellpadding=\"20\"><colgroup> <col style=\"width: 10%;\" \/> <col style=\"width: 50%;\" \/> <col style=\"width: 20%;\" \/> <col style=\"width: 20%;\" \/><\/colgroup>\n<tbody>\n<tr>\n<td><strong>1<\/strong><\/td>\n<td>Average gender pay gap as a mean average<\/td>\n<td><\/td>\n<td>30.72%<\/td>\n<\/tr>\n<tr>\n<td><strong>2<\/strong><\/td>\n<td>Average gender pay gap as a median average<\/td>\n<td><\/td>\n<td>20.18%<\/td>\n<\/tr>\n<tr>\n<td><strong>3<\/strong><\/td>\n<td>Average bonus gender pay gap as a mean average<\/td>\n<td><\/td>\n<td>53.87%<\/td>\n<\/tr>\n<tr>\n<td><strong>4<\/strong><\/td>\n<td>Average bonus gender pay gap as a median average<\/td>\n<td><\/td>\n<td>66.34%<\/td>\n<\/tr>\n<tr>\n<td><strong>5<\/strong><\/td>\n<td>Percentage of males and females receiving a bonus<\/td>\n<td>Male 72.77%<\/td>\n<td>Female 77.40%<\/td>\n<\/tr>\n<tr>\n<td><strong>6<\/strong><\/td>\n<td>Proportion of men and women in the four branded pay groups<\/td>\n<td>Male<\/td>\n<td>Female%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Lower quartile<\/td>\n<td>32.38%<\/td>\n<td>67.62%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Lower middle quartile<\/td>\n<td>54.74%<\/td>\n<td>45.26%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Upper middle quartile<\/td>\n<td>55.79%<\/td>\n<td>44.21%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>Upper quartile<\/td>\n<td>80.00%<\/td>\n<td>20.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d20a25d elementor-widget elementor-widget-spacer\" data-id=\"d20a25d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5944562 elementor-widget elementor-widget-heading\" data-id=\"5944562\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Summary for 2024 Data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f16bc84 elementor-widget elementor-widget-text-editor\" data-id=\"f16bc84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Evolution Funding is an equal opportunities employer which employs and rewards based on talent and success and is irrespective of gender. We currently employ more men (55% ) than women (45%). Many of our roles are sales and technical orientated, which historically have been favoured by men particularly given the nature of the business is technical solutions\/finance sales within the car industry. This continues to show in the ratio of male to female volumes of applications received. Over the last two years we have recruited and internally promoted females to every sales team in the business. Our recruitment is completed in house, and we filter for all vacant roles based on experience. We invest in training and all employees are encouraged to grow and earn to their full potential.<\/p><p>In our lower middle and upper middle quartiles, over recent years, there is an increasing balance towards 50\/50 percent workforce of males and females. We recognise that in our lower and upper quartiles there remains an in balance between the proportion of men and women, which in turn impacts the pay gap data in respect of salary, showing more men earning average higher salary levels because a higher percentage fall in the upper quartile.<\/p><p>We are committed to developing women to redress the balance of the proportion of men to women in the upper quartile. In the last four years both the percentage of female board members and the percentage of female Senior Team members has grown.<\/p><p>Our people development programme is one way that we commit to developing our people, both men and women, 9% of our women attended our People Development Programme in 2024.<\/p><p>Having introduced bonus schemes to include a wider group of employees at a lower level of has positively impact the percentage of women in receipt of a bonus and now evidences an equal number of men and women receiving a bonus. This introduction of a wider bonus has however impacted on the mean and median gender pay gap bonus % due to the number of men earning sales\/commission bonus which have a greater possible earning element than the bonuses which have been introduced across a wider pool of employees who are not sales based. We strive to continually improve our gender gap and will publish the results again in April 2025 as a requirement of the government initiative into equal pay. Should you have any questions about the gender pay gap statement please email <a href=\"mailto:HR@evolutionfunding.com\" target=\"_blank\" rel=\"noopener\">HR@evolutionfunding.com<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Gender Pay Statement March 2025 for April 2024 data We are an employer required by law to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017. This involves carrying out six calculations that show the difference between the average earnings of men and women in our organisation; it [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":25409,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-26598","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gender Pay Statement | Evolution Funding<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gender Pay Statement | Evolution Funding\" \/>\n<meta property=\"og:description\" content=\"Gender Pay Statement March 2025 for April 2024 data We are an employer required by law to carry out Gender Pay Reporting under the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017. 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