Bank of America publishes its 2019 UK Gender Pay Gap Report

UK gender pay gap key points

  • For the purpose of UK gender pay gap reporting, companies are required to disclose the mean (average) and median pay gap between women and men across an entire organization. The report does not focus on the compensation that women and men receive for performing the same or comparable roles.
  • The UK gender pay gap report shows that as of April 2019, we have a median UK gender pay gap of 28.3% and a mean UK gender pay gap of 27.8% across our three UK legal entities.
  • The underlying reason for our gender pay gap is that there are more men than women in senior roles and in some functions that can carry a higher level of compensation, making the ‘average’ pay for men higher than the ‘average’ pay for women.
  • We continue to work hard to improve gender balance through our attraction, development and engagement programmes which focus on bringing female talent to our company, advancing women at all levels and supporting economic empowerment of women around the world.

Read full 2019 report here
Access the 2018 and 2017 reports

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For more information on how we are investing in women, please see the 2020 Human Capital Management Report and our Investing in Women page.

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