Difference in median bonus pay11
1
The difference between the median bonus pay paid to male relevant employees and that paid to female relevant employees must be expressed as a percentage of the median bonus pay paid to male relevant employees and is to be determined as follows—
where—
A is the median bonus pay paid during the relevant period to male relevant employees who were paid bonus pay during that period; and
B is the median bonus pay paid during the relevant period to female relevant employees who were paid bonus pay during that period.
2
In this regulation “the relevant period” means the period of 12 months ending with the snapshot date.