From the CEO and our Executive Sponsor for Gender

From our CEO

Ricoh UK has a legacy of innovation, we’ve delivered transformative workplace technology for over 85 years. And while we talk passionately about the power of technology, it is our people who are the fundamental driver behind our success.

We are committed to creating a workplace that prioritises diversity and inclusion, to ensure we give our people the best environment to thrive and find fulfilment through work – our dedication to eradicating our Gender Pay Gap is central to our approach.

Our report shows a decrease of the average (mean) gender pay gap from 29.12% to 22.94%. Our figures also show our median gender pay gap has decreased from 18.90% to 15.37%. This is a figure

which is often more representative as it is less skewed by the lowest and highest pay levels. We also have more females in the Upper (+4.55) and Upper Middle (+2.18) pay quartiles than in 2022.

In this time period, there have been positive steps forward and initiatives launched to address the wider topic of gender equity. However, the rate of progress has been slower than I would like at this stage.

To combat the figures, we are putting detailed plans in place for the future and taking a proactive approach to accelerating the speed of change. Alongside my role as CEO, I am also Executive Sponsor for Gender ensuring I can work on the issue at close proximity.

I understand that closing the gender pay gap requires investment and focus, along with cultural shifts to attract and retain female talent at all levels of our business. It is with this awareness that I am completely committed and passionate about further establishing a balanced, diverse and fairly rewarded workforce.

Glenn Griggs
CEO, Ricoh UK