Criteria C42
Criteria/Requirements:
Does the Housing Provider pay the Real Living Wage?
Evidence/Responses/Actions Proposed:
In the face of unprecedented economic challenges, including a significant rise in the national minimum wage in 2024, Estuary remains committed to fair compensation for our dedicated workforce. Due to constraints imposed by funding received from our local authority commissioners, we were unable to adjust base wages to align with the current Real Living Wage of £12 per hour for a portion of our staff. As a result, 47% of our employees (128 out of 272) are currently earning below this threshold.
Despite these challenges, Estuary continues to prioritise the wellbeing of our employees by offering a comprehensive package of benefits, and we continually review our pay structures to ensure we remain competitive and fair.
Our commitment to our people is unwavering, and we will continue to seek ways to reward the exceptional work they do, even in this challenging financial climate.
Criteria C43
Criteria/Requirements:
What is the gender pay gap?
Evidence/Responses/Actions Proposed:
As detailed in our 2024 pay gap report, Estuary’s gender pay gap has reduced to 12.2%, marking a significant improvement for the third consecutive year—down from 16% in 2022 and 23% in 2021.
This consistent decrease underscores our dedication to closing the gender pay gap, a commitment we take seriously in the face of sector-specific challenges, particularly in the Care and Support and Built Environment sectors, where gender imbalances traditionally persist.
The notable reduction in our pay gap this year is largely attributed to the increased representation of women in our lower middle and upper middle quartile pay bands.
While we acknowledge that more work lies ahead, we are proud of the progress we have made and remain focused on fostering an equitable workplace where all employees are valued and rewarded fairly.
Furthermore, our gender pay gap report and its associated actions are aligned and incorporated into both our EDI Policy & Action Plan, further helping to ensure a culture of pay equity is embedded across the organisation.
Criteria C44
Criteria/Requirements:
What is the CEO work pay ratio?
Evidence/Responses/Actions Proposed:
This year the median CEO-worker pay ratio at Estuary has improved, decreasing to 20.4% from 21.1% in 2022-23. This reduction is reflective of our ongoing efforts to ensure equitable compensation across all levels of our organisation.
When viewed alongside our decreasing gender pay gap and our proactive review of wage structures, this shift highlights our commitment to fairness and transparency in our pay practices.
We understand the importance of maintaining a balanced and just compensation system, and this year’s improvement is a testament to our dedication to continuing to build an inclusive and supportive workplace for all our people.
Criteria C45
Criteria/Requirements:
How does the Housing Provider support the physical and mental health of their staff?
Evidence/Responses/Actions Proposed:
At Estuary, the physical and mental wellbeing of our staff remains a top priority.
Building on the robust support mechanisms already in place, including our external occupational health provider, 24/7 employee assistance line, and comprehensive health and wellness platforms, we have taken additional steps to further enhance our commitment to our team’s wellbeing.
In the past year, we have developed our dedicated groups of Equality, Diversity, and Inclusion (EDI) and Wellbeing Champions, drawn from across the organisation and led by two HR managers.
These groups are instrumental in driving meaningful change and fostering a culture of inclusivity, safety, and wellbeing for everyone.
Through ongoing consultation with employees, these champions ensure that our training, support, and reward practices align with the overarching aims of our People Strategy, with the ultimate goal of creating a happier and more inclusive workforce.
Beyond this, we strive to create a great place to work for our people, ensuring we support both positive physical and mental wellbeing. We have numerous initiatives and benefits in place to ensure our staff feel supported and inspired throughout their employee journey with us.
Furthermore, our extensive offering of enhanced family-friendly policies, including enhanced maternity, paternity, shared parental and adoption leave and pay, and paid time off for fertility treatment, carer’s leave, volunteering and key life milestones.
Our commitment to employee wellbeing aims to be holistic, recognising the importance of mental, physical, and emotional health in building a resilient and engaged team.
This creates a happy workforce in a happy, vibrant workplace, enabling them to offer excellent customer service and ensure we have a thriving business.
Criteria C46
Criteria/Requirements:
Average number of sick days taken per employee.
Evidence/Responses/Actions Proposed:
The average number of sick days taken by Estuary employees has decreased to 7.12 days per year, down from 7.9 days last year.
This reduction is a strong indicator that our ongoing efforts to support employee wellbeing and inclusion, and enhance our rewards and benefits packages are having a positive impact.
By fostering a healthy and supportive work environment, we are seeing tangible results in reduced absenteeism, which benefits both our employees and the organisation as a whole.
This trend reinforces our commitment to continuous improvement in employee health and wellbeing.