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Gender Pay gap Results 2018

The following charts detail our gender pay gap for UK (excluding Northern Ireland) workforce as of 5th April 2018 (pay) and in the 12 months up to 5th April (bonus). For prior year, please see archive link at the end of this page.

Hourly Rate Gap

Bonus Gap
On average women are paid 20 percent less than men in our UK (excluding N.l.) workforce.
We are confident that women and men are largely paid the same for comparable roles. The overall difference in average earnings identified in this disclosure is due primarily to the underrepresentation of women in senior leadership posts.
Note that the value of any car allowance paid has been included in the hourly rate gaps calculation; however, the value of any company cars has been excluded, per the legislative reporting guidelines. As a result, those who elect to have a company car do not have their benefit represented in their hourly rate calculation, creating disparity with car allowance recipients. Proportionally, more women than men elect to have a company car over a cash allowance, so average numbers for women are more adversely influenced compared to the average for men.

Bonus Gap

Hourly Rate Gap
Looking specifically at the average bonus gap between men and women, the difference is 27 percent. This is mostly driven by the underrepresentation of women in leadership roles as noted above; more men are in senior positions and senior positions attract higher performance bonuses.

Proportion of males and females in each quartile band

Proportion of males and females in each quartile band
The population is divided into four equal parts or ‘quartiles’, from the lowest paid to the highest paid based on the calculated hourly pay rate. This breakdown of hourly rates by defined quartiles reflects the gender differences in our workforce, where the upper quartile of hourly paid rates is male dominated (57 percent versus 43 percent), whilst the opposite is true for women where they dominate the lower hourly paid rate quartile 77 percent versus 23 percent). In other words, there is a greater proportion of men in higher paid quartiles and a greater proportion of women in lower paid quartiles.

Proportion of males and females receiving a bonus

Proportion of males and females receiving a bonus
This graphic illustrates that 96 percent of men and 93 percent of women –- received a bonus payment in the 12 months leading up to April 5th, 2018, representing a one percent gain for females over prior year.

 


I confirm the data reported is accurate.

Boston Scientific Limited
/s/ Mark R. Slicer
Mark R. Slicer
Director


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