Gender Pay Report 2024

28 / 03 / 25

An introduction from our Chief People Officer

“At Zenith, we’re proud to be building a culture with inclusion everywhere – every team, every level, everywhere. However, to nurture an inclusive culture, we have to drive a change in our diversity, otherwise we’re not changing the makeup of the colleague population and representing the customers and communities that we serve, which is our goal.

Our People Promise outlines how we’ll continue to invest in our colleagues and be the first choice in the industry for colleagues to develop their careers to ensure we go the extra mile for both our customers and colleagues.

Our award-winning inclusion programme has been a phenomenal journey over the last few years, with plenty of progress made, which you can learn more about below.

Being able to track our progress in this area is key and while gender pay gap reporting is imperative, at Zenith we also have our census, which more than 90% of our colleagues have taken part in, sharing their data with us so we can proactively measure how we’re doing against our diversity and inclusion commitments. This is a great level of engagement and demonstrates our commitment to make our workplace more reflective of the world we live and work in.”

Stuart Price, Chief People Officer
Stuart Price, Chief People Officer

The shape of our workforce

1,461

colleagues

38%

female colleagues

34.2%

of our senior leadership are women

What is Gender Pay Gap reporting?

Gender pay gap reporting requires legal entities with more than 250 colleagues to report and publish their pay gap between males and females.

Zenith Group has a number of employing legal entities. Of these, for the gender pay reporting period 2024, three have more than 250 employees – Zenith Vehicle Contracts Limited, CVFS, and CVL, so are legally reportable.

In the interests of clarity and transparency, we have provided a voluntary aggregated figure which covers the whole of the Zenith Group. We believe this is consistent with the spirit of the Gender Pay Gap reporting legislation whilst still complying with our reporting obligations and, looking at the data in this way supports our aim to reduce the pay gap across all areas of our Group.

The focus of this report is on Zenith Group, however figures for the individual reportable entities can be found in the appendices.

It should be noted that the Gender Pay Gap differs from equal pay. Equal pay is about ensuring employees are paid the same for same or similar work, irrespective of someone’s background. A gender pay gap can exist even though pay is equal for same or similar roles. This is usually caused by the gender profile of the workforce.

Zenith’s 2024 Gender Pay Gap

(Zenith Group combined)
This year we’ve seen a slight increase in our gender pay gap, primarily due to the 18% growth of our mobile service unit (MSU) population. Maintenance has traditionally been a male-dominated market, and while the proportion of female colleagues within our Commercial division is 6.7% higher than the Automotive industry average (25.7% Vs 19%*), we know there is still more to do to attract more females to the profession. Due to the MSU population accounting for 18% of our overall headcount if we calculate the median pay gap without this population, it more than halves to 7.67%.

*May 2024 figures

Mean and median pay gaps

2024 2023 2022 2021
Mean (average) gender pay gap 12.78% 10.97% 15% 20.7%
Median gender pay gap 16.56% 15.97% 18.41% 14.1%

Zenith’s 2024 Gender Bonus Gap

(Zenith Group combined) Our difference in bonus pay gap can be attributed to the distribution of males vs females in the upper quartile (68%M vs. 32%F) compared to our lower quartile (55%M vs. 45%F) and having a scaled bonus structure in place, where more senior roles have a greater bonus earning potential. In the qualifying bonus period, 20% more females received a bonus than males (an increase of 15% from the previous year). As females are more proportionally represented in our lower quartiles, this also has an impact on the overall pay gap figures.

Percentage of colleagues receiving a bonus

2024 2023 2022 2021
Male 54.48% 46.06% 44.9% 44.6%
Female 74.69% 62.14% 55% 60.4%

Mean and median bonus gaps

2024 2023 2022 2021
Mean (average) bonus pay gap 44.29% 58.4% 61% 55.4%
Median bonus pay gap 24.0% 2.27% 16.9% 0%

Closing the gap

At Zenith, our mission is to ensure we value the difference in our colleagues and reflect the customers and communities we serve. Since launching our People Promise in 2021, we have implemented a number of initiatives to help build a more diverse and inclusive workplace for everyone, at each stage in their career such as:

  • We operate an ‘Agile’ working policy which allows colleagues to take advantage of the measurable benefits of both office and remote / home working.
  • We have six ED&I focus groups, open to all colleagues, to help raise awareness and drive change.
  • 66% of our current leaders have completed our immersive workshop on building an inclusive culture.
  • 54% of our people managers have undertaken our recruitment training programme which incorporates Unconscious Bias and focuses on behaviours that support a role, allowing us to consider a broader talent pool.
  • We have a dedicated Menopause support group and cover the cost of all menopause-related prescriptions for colleagues.
  • We are a member of the Automotive 30% Club and actively participate in their conferences, networking events, and support promoting and developing women in our industry.
  • We have a parents’ network that meets regularly in our on-site café, allowing parents to attend and talk with fellow colleagues on balancing a career and family.
  • We focus on colleague wellbeing with a growing population of mental health first aiders, free massages, and providing all colleagues with access to our Employee Assistance Programme (EAP) –
  • A free-to-use 24-hour helpline. We also have an on-site GP, offering free face-to-face or remote consultations including fit notes and prescriptions alongside a range of health-related voluntary benefits.
Danni and Jenny sat on the sofa chatting

In the last 12 months we have had lots to celebrate including:

  • Introducing a pay framework for all roles with a salary up to £24,563 to ensure transparency, fairness and support career progression.
  • Implementing and rolling out our new performance development framework, MyGPS, across the business.
  • Becoming an Ambassador for the Yorkshire and Humber Apprenticeship Network and working with young people in local schools to not only make them aware of opportunities available via apprenticeship schemes, but also supporting them with skills to prepare them for the world of work such as CV writing and mock interviews.
  • Hosting a benefits roadshow to help colleagues access the right benefits that support their individual needs.
  • Launching two new communities:
    • The Women at Zenith network, designed to support our female colleagues to build on their skills, their network, and to drive their own progress.
    • The internal Proud network, for colleagues from the LGBTQIA+ community.
  • Celebrating International Women’s Day and International Men’s Day with keynote speakers to raise awareness of topical issues.
  • Launching a quarterly ED&I newsletter highlighting topical issues and sharing updates from our focus groups.

How we measure up?

In addition to reporting our Gender Pay Gap, we also track additional metrics to ensure we value difference in our colleagues and represent the customers and communities we serve.

In our 2024 colleague census, we reported:

  • 90% of colleagues shared their data.
  • An increase in the representation of underrepresented groups by 1.4% YOY, and by 3% in our Senior Leadership/Head of job level, and +2% in our Team Manager job level.
  • 38% of our Head of populations and 35% of our Directors are female.
  • We’ve increased our representation of women in our Commercial division by 3%.
  • We continue to provide opportunities to those under the age 24, increasing our representation of this age group for the third year running.

Each year, we invest into our early careers programme to help nurture the next generation of talent, In 2024:

  • We welcomed 33 apprentices into various roles through our early careers programme, of which 42% are female.
  • Two of our three student placements from local universities, are females working within Data/Technology roles.

Two people sat smiling past the camera

 

Decoration
What makes Zenith a great place to work?

“Our inclusive culture ensures that every team member feels valued, respected, and empowered to bring their authentic selves to work.”

“Our commitment to inclusion and diversity in recent years is really great and makes me proud to work for Zenith.”

“The business blows me away every day with its deep sense of community, embracing diversity and inclusion at a level I have never witnessed in my career.”

- Comments taken from Best Companies June 2024 survey.

Signature

I can confirm that the information in this report is accurate and meets the requirements of Regulations 2017 (Gender Pay Gap information) of the Equality Act 2010.

Stuart Price signature

 


Stuart Price

CPO
Zenith

Appendix

CVFS

Mean (average) gender pay gap Median gender pay gap Employee population receiving bonus (%) Mean (average) bonus pay gap Median bonus pay gap Gender distribution across quartiles
LQ LMQ UMQ UQ
M F M F M F M F M F
8.7% 20.3% 14.7% 53.6% 88.0% 60.2% 73.5% 26.5% 98.5% 1.5% 98.5% 1.5% 92.6% 7.4%

Zenith Vehicle Contracts Ltd

Mean (average) gender pay gap Median gender pay gap Employee population receiving bonus (%) Mean (average) bonus pay gap Median bonus pay gap Gender distribution across quartiles
LQ LMQ UMQ UQ
M F M F M F M F M F
8.0% 3.8% 69.9% 78.3% 20.4% 10.8% 49.3% 50.7% 48.7% 51.3% 49.7% 50.3% 57.8% 42.2%

CVL

Mean (average) gender pay gap Median gender pay gap Employee population receiving bonus (%) Mean (average) bonus pay gap Median bonus pay gap Gender distribution across quartiles
LQ LMQ UMQ UQ
M F M F M F M F M F
6.5% 12.4% 75.0% 66.4% 11.6% 15.9% 46.3% 53.7% 49.3% 50.7% 69.0% 31.0% 70.0% 30.0%