Ireland gender pay key points
- For Ireland gender pay reporting requirements, companies must 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 Ireland gender pay report shows that as of 30 June 2024, we have a median pay gap of 18.7% and a mean pay gap of 20.4%.
- 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 recruitment, development and engagement programs which focus on bringing female talent to our company, advancing women at all levels and supporting the economic empowerment of women around the world.
Read the full 2024 report here
Equal pay at Bank of America
Gender pay is not the same as equal pay. The gender pay gap is the difference in men and women’s compensation on an aggregate basis without adjusting for role, seniority or performance. Bank of America is committed to equal pay for equal work. We maintain robust policies and practices reinforcing our commitment, including independent analyses from outside experts to ensure that we pay equitably, with oversight from our Board and senior leaders.
For more information on how we are investing in women, please see the Human Capital Management Update within our Annual Report and our Investing in Women page.
