Our Ethnicity Pay Gap Figures

Of the 71% of our colleagues who have shared their ethnicity, 18% have identified as being from a minority ethnic background.

Employee Ethnicity Pay Gap

Mean

-0.3%

2022

Mean

-0.5%

2023

Median

-0.9%

2022

Median

-0.3%

2023

Our mean ethnicity pay gap is -5.5% in favour of minority ethnic colleagues:

The gap has increased by 0.2 percentage points since our 2022 figure.

Our median gender pay gap is -6.3% in favour of minority ethnic colleagues:

This gap has narrowed by 4.6 percentage points since our 2022 figure.

Hourly Pay Quartiles

As shown below, the percentage in each quartile. We’ve seen an increase in the proportion of minority ethnic colleagues across all pay quartiles this year.

Employee Ethnicity Bonus Gap

Mean

-0.9%

2022

Mean

-0.8%

2023

Median

-0.8%

2022

Median

-0.9%

2023

This has been calculated using bonus amounts paid.

Proportion of White British and minority ethnic colleagues who were paid a bonus in the 12 months ending 5 April 2023:

White British – 2022

0.5%

White British – 2023

0.8%

Minority Ethnic – 2022

0.9%

Minority Ethnic – 2023

0.9%

Gender Pay and Bonus Figures for Full Equity Members (FEM)

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