Gender Pay Gap Data

In compliance of SECP Circular No. 10 of 2024 dated April 17, 2024, following is the gender pay gap calculated for the year FY 2023-24

  1. Mean gender pay gap -34%
  2. Median gender pay 7.85%

Working basis:

Rs. Per hour
Mean of Male Employee 1,026 A
Mean of Female Employee 1,377 B
Median of Male Employees 778 C
Median of Female Employees 717 D

SECP Notes for guidance:

  1. Calculation for mean gender pay gap     (A-B)/A * 100

    Where A: The mean hourly rate of pay of all male full pay relevant employees

    And B: The mean hourly rate of pay of all female full pay relevant employees

  2. Calculation for median gender pay gap  (C-D)/C * 100

    Where C: The median hourly rate of pay of all male full pay relevant employees

    And D: The median hourly rate of pay of all female full pay relevant employees

  3. Full pay relevant employees means those employees being paid their full basic in the relevant pa period. It includes cash allowances, holiday and leave pay, shift premium pay, as applicable
  4. Full pay excludes overtime, on-call payments, pension contributions, termination/Notice pay, non-cash benefits such as car benefits etc., interest free loans, payments relating to other pay periods such as arrears

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