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Gender Pay Gap Report 2023

The CEF multichannel business model continues to evolve and is well placed to meet the needs of its customers, by continuing to offer unrivalled nationwide coverage from its 395 stores together with its award-winning state of the art online facility based at Biggleswade.

We have continued to achieve substantial sales growth from customers visiting our stores or purchasing goods via our online facility which has more than 35,000 products available for next day delivery or by click and collect from the customers local store.

CEF has continued to ensure all employees irrespective, of their legal gender, race, or ethnicity, are treated the same. They are paid a basic salary and an annual bonus based entirely on their own position and performance through the year.

After reviewing the 2023 Gender Pay Gap Report CEF’s Senior Management Team do not consider there are any pay issues.

Proportion of males and females in each pay quartile:

Lower

95% male, 5% female

Middle

89% male, 11% female

Upper Middle

89% male, 11% female

Upper

88% male, 12% female

Male

Female

Approximately 772 employees per quartile.

Difference between Men and Women

Gender Pay Gap

Mean

(9.27%)

Median

(11.63%)

Gender Bonus Gap

Mean

55.74%

Median

52.18%

Proportion of Workforce receiving a bonus payment

Male

78% bonus, 22% no bonus

Female

85% bonus, 15% no bonus

Received Bonus

Did not receive a bonus