Registered office: Genesta Athenaeum LLP, Regent House, 41 Great Pulteney Street, London W1F 9NZ
Registration number: OC398413
VAT registration: 208 2686 05
MODERN SLAVERY ACT TRANSPARENCY STATEMENT
This is the Modern Slavery Transparency Statement of Genesta Athenaeum LLP (The Athenaeum) for the financial year ending 29th April 2018. This statement is made pursuant to s.54(1) of the Modern Slavery Act 2015.
The Modern Slavery Act 2015 creates offences in respect of slavery, servitude, forced or compulsory labour and human trafficking (“Modern Slavery”). The Athenaeum are committed to combatting all forms of Modern Slavery.
POLICIES AND PROCEDURES
The Athenaeum has existing policies and procedures which assist in combatting Modern Slavery including: checks and verification in respect of migrant workers; core values encompassing open two-way communication that encourages reports from staff of unethical conduct; and a central register of recruitment agents and supplier contracts.
The Athenaeum has also recently taken the following steps to further enhance its policies and procedures:
- A Modern Slavery Policy has been put in place
- Suppliers and recruitment agencies have been issued with a copy of the Modern Slavery Policy
In the coming months, The Athenaeum intends to take additional steps including:
- Expanding due diligence on subcontractors and suppliers
- Modern Slavery training across the wider group
GENDER PAY NARRATIVE
Mandatory Gender Pay Gap reporting applies to all private and voluntary sector employers in England, Wales and Scotland who have at least 250 employees as of 5 April 2017. Those organisations are required to publicly report their gender pay gap metrics on the government sponsored website with the aim of eliminating the gender pay gap. The Athenaeum is a family-owned luxury hotels and residences located in central London. Each of our establishments has its own individualism and its own sense of style and all are operated by people with a genuine passion for relaxed luxury service. Over the past few years we have placed emphasis on driving equality of pay within our business, and we can report that as of 5th April 2021, our mean gender pay gap stands at 7.1%, favouring males. This is well below the average gender pay gap reported by the Office for National Statistics which stands at 15.4% for 2021 [14.9% 2020] for All Employees and is 0.1 percentage points better than the figure we reported 2020/1. There is a gap of 0.3% for 2021 favouring females in terms of median pay, which is 1.5 percentage points better than the figure we reported 2020/1. There were no bonuses paid in reporting year due to Covid-19, therefore there is no gender information to report.
We continue our commitment to driving equal pay across our business, not only through our reward strategy, but also through our approach to recruiting, training, developing, coaching, promoting and supporting our teams. We have hired a number of women in more roles and that is reflected in the increased number of females within the upper and lower middle quartile of pay and the % in lower quartile has remained equal. The full metrics including the analysis within each quartile are shown below:
|Gender||Number of Employees||% Per Quartile|
|Upper Middle Quartile||Female/Male||109/72||60.2%/39.8%|
|Lower Middle Quartile||Female/Male||100/81||55.2%/44/8%|