CCEP NZ closes gender pay gap
Coca-Cola Europacific Partners New Zealand (CCEP NZ) has closed its gender pay gap to 0% and achieved the Advanced GenderTick Accreditation.
CCEP NZ met the requirements set by GenderTick across the six pillars of Pay Equity, Leadership Representation, Flexible Work and Leave, Gender Safe Workplace, Gender Inclusive Culture and Supporting the Menopausal Transition.
Additionally, CCEP NZ met the criteria for Advanced Accreditation around remuneration, parental leave and policies that ensure a safe and welcoming environment within the workplace.
Closing the gender pay gap to 0% means that the median hourly rate of pay across the business is the same for males and females. CCEP NZ calculates pay gap by MindTheGap and Statistic NZ’s formula.
CCEP NZ also has processes in place to ensure that the pay gap remains closed, including a quarterly review on renumeration data.
Clare Parkes, General Manager of People and Culture at CCEP NZ said that she is proud of CCEP NZ’s continued commitment to improving gender equality in the workplaces and meeting the benchmark for best practice in gender equality.
“I’m proud of this achievement, it shows how our systemic processes of hiring and rewarding performance are unbiased in applying the right remuneration for the role regardless of gender. Our leaders are committed to creating a workplace where everyone’s welcome and achieving the GenderTick is testament to this,” said Parkes.