Pay Transparency Report

Prepared in accordance with the BC Pay Transparency Act

1. Hourly Pay Gap


The following table shows the mean and median hourly pay rates by gender.

Gender Employee Count Mean Hourly Rate Median Hourly Rate Per $1 Men Earn (Mean) Per $1 Men Earn (Median) Mean Gap %
Women 276 $42.90 $43.26 $1.02 $1.10 +2.40%
Men 59 $41.90 $39.19 $1.00 $1.00 0.00%

On average, women earn $1.02 for every $1 men earn (mean hourly pay gap of +2.40%). At the median, women earn $1.10 for every $1 men earn (median hourly pay gap of +10.39%).

 

2. Overtime Pay Gap

Only employees who receive overtime pay during the reporting period are included in these calculations.

Gender Employee Count Mean OT Pay Median OT Pay Mean OT Hours Median OT Hours % Receiving OT
Women 125 $2,625.60 $1,027.07 41.54 17.92 45.29%
Men 30 $2,930.12 $630.00 47.04 15.00 50.85%

45.3% of women and 50.8% of men received overtime pay during the reporting period. Overtime pay includes Overtime Pay ≥1 x rate.

3. Bonus Pay Gap

Bonus pay includes any additional remuneration paid within the reporting period, including profit sharing, performance bonuses, commissions, referral bonuses, signing bonuses, and equity compensation. Only employees who received bonus pay are included in these calculations.

Gender Employee Count Mean Bonus Pay Median Bonus Pay Per $1 Men Earn (Mean) Per $1 Men Earn (Median) % Receiving Bonus
Women 171 $4,784.07 $3,961.00 $0.65 $1.25 61.96%
Men 44 $7,372.61 $3,159.00 $1.00 $1.00 74.58%

Pay Quartile Distribution


All employees are ranked by individual hourly rate and divided into four equal groups. The table below shows the gender distribution within each quartile.

Quartile Women Count Men Count Total Women % Men %
Q1 (Lowest Paid) 64 21 85 75.29% 24.71%
Q2 (Lower Middle) 72 10 82 87.80% 12.20%
Q3 (Upper Middle) 70 13 83 84.34% 15.66%
Q4 (Highest Paid) 68 15 83 81.93% 18.07%

Innomar Strategies is committed to fostering a workplace where all employees are compensated fairly and equitably, regardless of gender. We believe pay transparency is an important step toward identifying and addressing any gaps that may exist within our organization.

Note: Gender categories with fewer than 10 employees have been suppressed in this report to protect employee privacy, in accordance with BC Pay Transparency Regulation requirements.