The Channel Islands Co-operative Society have released their official gender pay gap report, with a median gender pay gap of 0%.
This is significantly lower than the UK median of 13.1% and Jersey’s 7.8%.
With a mean gender pay gap of 6.3%, CI Coop also surpasses the UK average of 13.8% and the Wholesale and Retail Trade sector’s higher figure of 14.5%.
Mark Cox, Chief Executive Officer, CI Coop, said: “Fairness and inclusion have always been at the heart of our business, and reporting our gender pay gap is one way we hold ourselves accountable. It helps us understand where we are, and more importantly, where we need to do better. When businesses share their data, they’re more likely to examine the root causes behind the gap and take real action, whether that’s improving recruitment, development, or pay practices.
“In line with our commitment to recognising and rewarding excellent performance, we have recently introduced competency frameworks that offer wider salary bands. While this may result in some variability in our gender pay gap figures going forward, we remain firmly dedicated to maintaining fair and equitable pay practices for all employees”.
Although CI Coop has monitored its gender pay gap for several years, its decision to publish detailed, standalone reports – including clear explanations of the figures, their significance, and the steps being taken to maintain progress – underscores just how important this issue is to the business. In partnership with local pay gap specialists MyAnova, CI Coop’s figures benefit from external validation and informed, actionable recommendations.
Natalie Clare (pictured), Chief People Officer, CI Coop, said: “Publishing our gender pay gap figures and the steps we are taking to maintain parity reflects our belief in transparency and continual improvement. We are proud to lead by example in our local community and want to ensure that everyone across our islands is treated fairly, valued, and given equal opportunity to thrive.”
