Gender Pay Gap Report 2023

Enhancing diversity and inclusion, particularly gender diversity, is a central priority of PM Group's 2025 Strategy.

About our findings

As anticipated, the 2023 Report reveals the existence of a gender pay gap. However, we are pleased to note a reduction in this gap throughout 2023 -

• The total mean pay gap in 2023 was 30.3% (reduced from 32.4% in 2022)
• The total mean bonus gap in 2023 was 49.6% (reduced from 56.3% in 2022)

These reductions are due to initiatives designed to promote, attract and retain female talent within the organisation.

“Like our competitors, we acknowledge that our industry confronts a persistent challenge in addressing gender imbalance. It is likely that this challenge will continue in the medium term. Our commitment remains unwavering to advancing the participation of females in STEM subjects,” said Anthony O’Rourke, CEO Designate.

Industry recognition

During the year, our teams were delighted to achieve ‘Investors in Diversity Bronze’ from the Irish Centre for Diversity. We were also honoured to be recognised with the IChemE Global Diversity and Inclusion Award 2023.

About Gender Pay Gap Reporting in Ireland

In October 2022, the Irish Government finalised the regulations for Gender Pay Gap Reporting. The regulations form the legal basis for the method to conduct an employer’s gender pay gap calculations under the Gender Pay Gap Information Act 2021.