HITACHI RAIL LIMITED

Gender Pay Gap Report
2023

H I TAC H I R A I L . C O M

G E N D E R PAY GA P R E P O R T 20 23

HITACHI RAIL LIMITEDHITACHI RAIL LIMITEDG E N D E R PAY G A P R E P O R T 20 23

ABOUT HITACHI RAIL LIMITED

Hitachi Rail’s reach is global, but its business is local - with success built on investing in thepeople and communities that it serves and developing local talent.
Hitachi Rail’s mission is to “contribute to society throughthe development of superior, original technology andproducts.” The company is guided by its values ofharmony, sincerity and pioneering spirit – which arejust as relevant today as they were when Hitachi wasfounded in 1910.
Hitachi Rail has deep roots in its communities - as anemployer, dedicated to developing people, skills andtalent, but also as an investor - bringing economic benefits
to local places.
Hitachi Rail reflects the diversity of the people and places
it serves, as a global business with a multicultural heritage.
The UK is one of 38 countries where Hitachi Rail hasa presence. Today, the UK business has over 2,600employees, while globally Hitachi Rail has over
14,000 employees.

W H AT I S T H E G E N D E R PAY GA P ?
In 2017 the UK Government introduced The Equality
Act 2010 (Gender Pay Gap Information) Regulations.
As part of this legislation, companies with 250 ormore employees are required to publish a reportthat outlines the pay of their workforce according totheir demographic.
A gender pay gap is the difference between the average
pay of a male employee and that of a female, averaged
across the whole organisation.
A gender pay gap does not necessarily indicate thatan organisation is paying employees unfairly, as roles
compared are not always like for like. Therefore, thegender pay gap calculation cannot be used to determine
whether organisations do not pay men and womenequally for the same type of work.
Gender pay gap reporting is designed to reflect
the underlying workforce demographics within anorganisation. Six calculations are required to be reported;
three based on pay and three based on bonus, calculatedusing the snapshot date of 5 April 2023.

123G E N D E R PAY GA P R E P O R T 20 23

HITACHI RAIL LIMITEDHITACHI RAIL LIMITED

Females Recieving a Bonus

Males Recieving a Bonus

75.3%

74.5%

Description

Males

Females

Includes all employees whose standard
hourly rate places them at or below thelower quartile

80.2%

19.8%

B

Includes all employees whose standard
hourly rate places them above the lowerquartile but at or below the median

90.4%

9.6%

C

Includes all employees whose standard
hourly rate places them above the medianbut at or below the upper quartile

89.4%

10.6%

Includes all employees whose standard
hourly rate places them above theupper quartile

89%

11%BandA(lowest)

HITACHI RAIL LIMITEDSTATUTORY DISCLOSURESOur full-pay workforce on 5 April 2023 comprised of 2,303 men and 356 women. Thisequates to 13% of our workforce being female and 87% being male. This broadly reflects theaverage gender composition of our wider business sector.
We are required to report the difference in mean andmedian pay between male and female employees. The
mean is calculated by adding up the total amount ofpay and dividing it by the number of individuals in thedata set. The median represents the middle amount in thedata set.
Our calculations show that Hitachi Rail in the UK has amean gender pay gap in hourly pay of 9.5% in favourof men (4% in 2022), and a median gender pay gap inhourly pay of 7.2% in favour of men (9.6% in 2022).

3Hitachi Rail’s workforce overall in the UK is not evenly
split between males and females with women accountingfor 13% of the workforce overall.
When it comes to bonus payments it is a different outlook.
With 74.5% (82% in 2022) of males receiving a bonus
and 75.3% (83.2% in 2022) of females.
The mean gender bonus gap is 5% in favour of women,in comparison to last year’s analysis which was 18.6% infavour of women. The median gender annual bonus gap
is 78.3% (80.3% in 2022) in favour of women.

G E N D E R PAY G A P R E P O R T 20 23

D(highest)

2021 (%)

2022 (%)

2023 (%)

Change from

Change from2022 & 2021

2023 & 2022

Gender pay gap mean pay rate (%)+6.1+4+9.5-2.1+5.5

Gender pay gap median pay rate (%)

+11.8

+9.6

+7.2

-2.2

-2.4

Gender pay gap mean bonus (%)

-27.7

-18.6

-5.0

+9.1+13.6

Gender pay gap median bonus (%)

-81.7

-80.3

-78.3

+1.4

+2.0

Trends4