SCHEDULE 1Gender pay gap reporting
Difference in mean hourly rate of pay8
The difference between the mean hourly rate of pay of male full-pay relevant employees and that of female full-pay relevant employees must be expressed as a percentage of the mean hourly rate of pay of male full-pay relevant employees and is to be determined as follows—
where—
A is the mean hourly rate of pay of all male full-pay relevant employees; and
B is the mean hourly rate of pay of all female full-pay relevant employees.