Mean gender pay gap in the financial and insurance sector in the UK 2023

Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector

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Source

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Release date

November 2023

Region

United Kingdom

Survey time period

2023

Supplementary notes

This statistic is using original data from the Office for National Statistics and includes copyright material from © Crown, licensed under the Open Government License v3.0.

Gender pay gap (GPG) - calculated as the difference between average hourly earnings (excluding overtime) of men and women as a proportion of average hourly earnings (excluding overtime) of men. For example, a 4% GPG denotes that women earn 4% less, on average, than men. Conversely, a -4% GPG denotes that women earn 4% more, on average, than men.

The source provides further information: "ASHE is based on a 1% sample of employee jobs taken from HM Revenue and Customs (HMRC) Pay As You Earn (PAYE) records. Information on earnings and hours is obtained from employers and treated confidentially. ASHE does not cover the self-employed nor does it cover employees not paid during the reference period."

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Statistics on " Gender pay gap in the financial sector in the United Kingdom "

Other statistics that may interest you Gender pay gap in the financial sector in the United Kingdom

Overview

7

Pay gaps

6

Bonuses paid

3

Pay gaps at leading banks

5

Gender distribution per pay quartile at leading banks

5

Further related statistics

18

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