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Home Business Digital & Technology

Prosperity 24/7 releases its first Gender Pay Gap report

December 20, 2024
in Business, Digital & Technology, Jersey, Leadership, People
Prosperity 24/7 releases its first Gender Pay Gap report
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Prosperity 24/7, a Jersey headquartered technology and business consulting practice has released its first gender pay gap report.

The report has been published to help ensure transparency and benchmark where the organisation is positioned within its sector.

Prosperity 24/7 has based their report on the UK statutory guidance as gender pay gap reporting is not a legal requirement in Jersey, and in the UK, it only applies to organisations with 250 or more employees.

Geraldine Evans (pictured), Prosperity 24/7’s Chief Operating Officer said: “Our aim at Prosperity 24/7 is to create a transparent and inclusive culture which provides opportunities for all. We believe that reporting on the Gender Pay Gap is an essential tool to ensure transparency and drive progress. The experimental earnings and gender pay gap report produced by Statistics Jersey in June 2023 highlighted that the gender pay gap was highest in the information and communications sector at 28% and we wanted to see how we compare.”

Marisa Hamon

The gender pay gap reflects more than just unequal pay for the same role; it highlights broader workforce inequalities such as differences in career opportunities, unequal access to higher paying roles, job segregation, and the disproportionate burden of unpaid care work on women. Closing the gap requires addressing these underlying challenges, not merely equalising salaries for similar positions. Prosperity’s report demonstrated pleasing results. While women represent 21% of the workforce, there is significant presence of women in senior positions and pay across the organisation is fractionally more in favour of female employees.

Marisa Hamon, Prosperity 247’s HR Director added: “It is understandable that there is a gap in a traditionally male dominated sector such as IT, and attracting female talent to the IT consultancy industry remains a considerable challenge with cultural bias often associating men with technical roles which discourages women from pursuing IT careers.

“From junior colleagues to senior leadership, male allyship is an important factor in encouraging our female colleagues to step outside the perceived norms. We hope that this report demonstrates our commitment to to increasing female representation in technical and leadership roles, as well as closing any gaps and ensuring fairness in recruitment, career progress and personal development.”

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Sue Fitzgerald

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