FIRST RATE EXCHANGE SERVICES LIMITED

FIRST RATE EXCHANGE SERVICES LIMITED has submitted data every year since 2017. 1 of 5 submissions were filed after the deadline.

This company has been viewed 0 times in the last 30 days.

Last submission received on Tuesday, 7 Nov 2023 at 16:28 UTC.

Employer ID 5023
Company Number 04287490
Employer Size Less than 250
Years Submitted
20172018201920202021

Overall workforce composition

Deviation from a 50:50 gender split, averaged across all four pay quartiles per year. 0% represents an equal split of men and women; positive values mean more women, negative means fewer women.

Hourly pay gap over time

Positive values indicate women's hourly pay is lower than men's by that percentage. A value of 0 indicates equal pay; negative values indicate women earn more.

Pay quartile breakdown

Each band shows the percentage of that quartile that is male vs female.

Lower quartile bottom 25% of earners

Lower-middle quartile 25–50th percentile

Upper-middle quartile 50–75th percentile

Top quartile top 25% of earners

Bonus pay

Percentage of each gender who received a bonus payment.

Bonus pay gap — positive values indicate women's bonus pay is lower than men's.

Year by year

Each year's submission in full. Most recent year shown first.

2021 Mean pay gap 29.8%

In this organisation, women earned 60p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 44.3% lower than men's.

Women made up 23.0% of the highest paid quarter and 52.0% of the lowest paid quarter.

Mean hourly pay gap 29.8%
Median hourly pay gap 40.1%
Men receiving bonus 93.1%
Women receiving bonus 94.8%
Mean bonus gap 52.7%
Median bonus gap 44.3%

Pay quartile breakdown

Women
Men
Top quartile 23.0%
77.0%
Upper-middle 29.0%
71.0%
Lower-middle 54.0%
46.0%
Lower quartile 52.0%
48.0%
2020 Mean pay gap 30.6%

In this organisation, women earned 53p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 48.8% lower than men's.

Women made up 22.0% of the highest paid quarter and 59.0% of the lowest paid quarter.

Mean hourly pay gap 30.6%
Median hourly pay gap 46.9%
Men receiving bonus 92.3%
Women receiving bonus 90.5%
Mean bonus gap 53.4%
Median bonus gap 48.8%

Pay quartile breakdown

Women
Men
Top quartile 22.0%
78.0%
Upper-middle 53.0%
47.0%
Lower-middle 33.0%
67.0%
Lower quartile 59.0%
41.0%
2019 Mean pay gap 28.1%

In this organisation, women earned 61p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 50.4% lower than men's.

Women made up 19.0% of the highest paid quarter and 51.0% of the lowest paid quarter.

Mean hourly pay gap 28.1%
Median hourly pay gap 38.6%
Men receiving bonus 85.0%
Women receiving bonus 90.0%
Mean bonus gap 60.4%
Median bonus gap 50.4%

Pay quartile breakdown

Women
Men
Top quartile 19.0%
81.0%
Upper-middle 40.0%
60.0%
Lower-middle 61.0%
39.0%
Lower quartile 51.0%
49.0%
2018 Mean pay gap 30.8%

In this organisation, women earned 59p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 48.0% lower than men's.

Women made up 20.0% of the highest paid quarter and 62.0% of the lowest paid quarter.

Mean hourly pay gap 30.8%
Median hourly pay gap 41.0%
Men receiving bonus 72.0%
Women receiving bonus 78.0%
Mean bonus gap 58.6%
Median bonus gap 48.0%

Pay quartile breakdown

Women
Men
Top quartile 20.0%
80.0%
Upper-middle 42.0%
58.0%
Lower-middle 61.0%
39.0%
Lower quartile 62.0%
38.0%
2017 Mean pay gap 32.2% Late submission

In this organisation, women earned 60p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 46.0% lower than men's.

Women made up 20.0% of the highest paid quarter and 64.0% of the lowest paid quarter.

Mean hourly pay gap 32.2%
Median hourly pay gap 40.0%
Men receiving bonus 80.0%
Women receiving bonus 82.0%
Mean bonus gap 67.8%
Median bonus gap 46.0%

Pay quartile breakdown

Women
Men
Top quartile 20.0%
80.0%
Upper-middle 42.0%
58.0%
Lower-middle 62.0%
38.0%
Lower quartile 64.0%
36.0%