Our ethnicity pay figures
Of the 70% of our colleagues who have shared their ethnicity, 8% have identified as being from a minority ethnic background.
As explained in commentary on the data section, we’ve reviewed the methodology for calculating our ethnicity pay and bonus gaps this year, in line with recent best practice guidance published by the government. This has resulted in changes to the figures which, if viewed in isolation, would suggest a significant shift in the data. As a result, the 2023 numbers have also been updated using the new methodology to reflect this change and give a fair comparison.
Employee ethnicity pay gap
Mean
2023
Mean
2024
Median
2023
Median
2024
Numbers before change to methodology
Mean
2023
Mean
2024
Median
2023
Median
2024
Our mean ethnicity pay gap is -0.46% in favour of minority ethnic colleagues:
The gap has moved by 2.14 percentage points since our 2023 figure and shows greater pay equity versus 2023.
Our median gender pay gap is -6.19% in favour of minority ethnic colleagues:
This gap has moved by 1.61 percentage points since our 2023 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.
We reviewed our methodology for calculating both the ethnicity pay and bonus gaps this year, in line with guidance published by the government. As with the pay gap, this has resulted in changes to the figures and therefore we have updated the 2023 numbers using the new methodology also to give a fair comparison.
Employee ethnicity bonus gap
Mean
2023
Mean
2024
Median
2023
Median
2024
Numbers before change to methodology
Mean
2023
Mean
2024
Median
2023
Median
2024
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 2024: