UK gender pay gap key points
- For UK 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 UK gender pay report shows that as of April 2023, we have a median pay gap of 27.5% and a mean pay gap of 25.7% 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 recruitment, 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 the full 2023 report here
Access the previous reports here