Electrolux PLC Gender Pay Gap Report 2022

Electrolux PLC Gender Pay Gap report 2022

At Electrolux our purpose is to shape living for the better. Innovation and Sustainability are at the heart of what we do to create better experiences for our customers, partners and employees.

Electrolux is a leading global appliance company. The headquarters are located in Stockholm, Sweden and the Electrolux share is listed on the exchange Nasdaq Stockholm. Through our brands, including Electrolux, AEG, Anova, Frigidaire, Westinghouse and Zanussi. We sell more than 60 million household and professional products in more than 150 markets every year.

Our UK Electrolux PLC data included a significant number of international employees that work at Electrolux Group level and not in the UK organisation, who also recieve additional allowances. This group is predominantly male and when excluded from the calculations, our median gender pay gap reduces to 16.6% and our median bonus gap to 25.4%. However we recognise that we still have a gap in our UK business and have work to do close it.

Our success is driven by our ability to inspire and contribute to change, and to always improve. We recognise that having a more diverse workforce will enhance our business for our employees and our customers. We are committed to attracting, recruiting, developing and retaining excellent talents with diverse backgrounds and close our pay gap.

 

Key data 2022

Gender pay gap

• The gender pay gap shows the difference in average pay between women and men. It does not measure equal pay, which relates to what women and men are paid for the same or similar jobs or work of equal value.

Mean and median gender pay gap

• The mean gender pay gap is the difference in average hourly rates of pay for all men and all women, expressed as a percentage of the average hourly rate for men.
• The median gender pay gap shows the difference between the median (middle) value of hourly pay rates (when ordered from lowest to highest) for all men in an organisation, and all women, expressed as a percentage of the median hourly rate for men. This is the widely used government measure.

Mean and median bonus pay gap

• The mean gender bonus gap is the difference between the average bonuses received by men and by women, expressed as a percentage of the average bonus for men.
• The median gender bonus gap is the difference between the median (middle) value of bonuses (when ordered from lowest to highest) received by men and by women, expressed as a percentage of the average bonus for men.

 

Gender Pay Gap 2018-2021

 

2018

2019

 

2020

2021

 

“As Head of UK & Ireland, Electrolux PLC, and HRBP for Electrolux PLC, we are authorised to confirm that the information published in this report, in accordance with regulation 2 of The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017, is correct.”                                                    

                                                                                            

Luke Harding                                                             Elizabeth Hawkes

General Manager UK & Ireland                                HR Business Partner

Electrolux PLC                                                        Electrolux PLC