UK Gender Pay
Gap Report 2023

Smartsheet 2023 UK
Gender Pay Gap Report
The success of Smartsheet as a business
relies on our workforce, and we strive for it tomirror the diversity of our team, customers,
and communities we serve.
We must comprehend, assess and monitor
pertinent factors to determine and implement
effective strategies to diminish - andultimately eradicate - pay disparities.
The ﬁgures published this year, our ﬁrst yearof publication, shows that whilst there is a pay
disparity, there is a path to achieving pay
equality. We remain dedicated to enhancing
the diversity and inclusivity of our workforce,
committing to ongoing progress.

Jolene Marshall, Chief Legal Ofﬁcer & Interim ChiefPeople Ofﬁcer
I conﬁrm the gender pay gap data and narrative
contained in this report is accurate.

Smartsheet 2023 UK Gender Pay Gap
ReportAt Smartsheet we strive to create a culture of belonging that is rooted in
respect and opportunity for all people. We believe that by celebrating
diversity of voices and experiences, and fostering equity for our team,customers, and communities, we enable people to do and be their best.
In accordance with UK government requirements, Smartsheet has publishedresults from our 2023 gender pay gap report, including the average
differences in pay between men and women, as well as differences in bonus
pay. In addition to this required reporting, we run an annual in-houseregression analysis to identify base pay gaps across both gender andethnicity.
This analysis accounts for variables related to demographics (e.g., age), as well
as job (e.g., function, management level, experience level, etc.). This allows usto understand whether or not individuals are paid fairly (base pay) for
conducting the same type of work. For four consecutive years running thisanalysis, we have detected no signiﬁcant differences in base pay by either
gender or ethnicity.
Larger differences exist within our bonus pay, which is inclusive of ourcompany bonus, quarterly bonus, commission plans, and grants of restricted
stock units (“RSUs”). The gaps that we see in this space reﬂect the relative
gender representation that we see across senior leadership and functional(e.g., sales, engineering) roles. We are committed to addressing this gap byimproving representation in identiﬁed areas through efforts in hiring,promoting, and retaining talent – both within the UK and globally.

Smartsheet 2023 UK Gender Pay Gap
ReportWe understand the importance of addressing these gaps and arecommitted to fostering a truly equitable workplace at Smartsheet.
Here’s how we are taking action:

Representation Goals

Hiring, Promotion, Retention

Fair Performance Evaluation

Establishing global goals toincrease representation ofWomen & Gender Minorities
within the current ﬁscal year,and ensuring accountability
by sharing quarterly updates
to the full company.

Creating annual goals for gender equity
within hires, promotions, and retention,and building tools for senior leadershipto continuously monitor for disparity.

Enacting a pay-for-performance
structure that includes a Talent
Review process where managers
complete a training that highlights
potential biases that may show up
when evaluating employees anddiscussing their performance incalibration sessions.

Smartsheet 2023 UK Gender Pay Gap
ReportInvesting in Women & Gender Minorities

Internally●●Offering equitable access to professional development
resources, including mentoring, through Fuel50, which
is a talent development platform. Professional
development supports advocacy of women andgender minorities in the workplace by accessing toolsthat allow women and gender minorities to develop
skills for advancement and self-advocacy.
Developing an inclusive Emerging Leadership
Program that fosters the fundamentals of leadershipamong individual contributors, with 59% ofparticipants identifying as women or a genderminority.

Externally●●Partneringwithglobalandregionalorganisations that provide women andgender minorities the opportunity to learn
technical and networking skills in the tech
space, such as Code First Girls, Out in Tech,
Women Who Code, and Hoppers Society at
the University of Edinburgh.
Organising volunteer opportunities withorganisations such as Dress for Success, anorganisation that helps unemployed andunderemployed women to achieve ﬁnancial
independence.

Smartsheet 2023 UK Gender Pay Gap
ReportEmployee Resource Groups (“ERGs”)

DEI Education

Maintaining ERGs and a Global DEI Committee
dedicated to supporting diverse and inclusive
workplace experiences, including hosting
leadership mentorship activities aimed toward
promoting women into leadership roles.

Releasing curated DEI educational
resources speciﬁc to building
allyship for women and genderminorities, and helping to embed
DEI
more
deeplyinto
ourorganisation.

Smartsheet 2023 UK
Gender Pay Gap Report
Smartsheet is committed to pursuing
progress in equity, not only as it relates topay, but throughout the overall employee
experience. Core to our values isprioritising “we” before “me,” and throughour collective efforts, we believe that wewill continue to make progress inachieving a culture where employees canperform at their best and be fairly
recognised for the contributions they
make to the business.

Smartsheet 2023 UK
Gender Pay Gap
ReportReport analysis

Smartsheet 2023 UK Gender Pay Gap Report
Gender Pay Gap

2.97%

Mean Gap

5.85%

Median Gap

Gender Bonus Pay Gap

36.09%

Mean Gap

27.97%Median Gap

Smartsheet 2023 UK Gender Pay Gap Report
Proportion of Men & Women in Pay Quartile

Upper
Quartile

72%

28%

Upper Middle
Quartile

74%

26%

Lower Middle
Quartile

62%

38%

Lower
Quartile

71%

29%

0%

25%

50%

75%

MenWomen

100%Smartsheet 2023 UK Gender Pay Gap Report% Receiving Bonus

96%
Men

92%
Women

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