Our ethnicity pay gap figures

Ethnicity pay gap data 2022

Mean ethnicity pay gap Oct 2022 update

Snapshot

  • Our mean ethnicity pay gap increased from 32.7% in 2021 to 36.5% in 2022 
  • Our median ethnicity pay gap increased from 27.6% to 37.6% in the same period.  

What is behind these figures?
Our ethnicity pay gaps have increased because the representation of ethnic minority staff has increased in the lowest pay quartile and decreased in all other pay quartiles. This is due to a high proportion of ethnic minority new starters at our more junior support and professional levels. 50-70% of new starters at these levels over the past 12 months are from ethnic minority backgrounds. 

During the same period, we have had a higher proportion of ethnic minority staff leave the business at manager level. This has decreased ethnic minority representation within these more senior roles.

Our mean and median ethnicity bonus gaps increased between 2021 and 2022. This is due to a higher number of ethnic minority hires towards the end of 2021 compared to existing headcount. New starters joining during this period were not yet eligible to receive a bonus due to their length of service. This also meant that there was a reduction in the percentage of ethnic minority staff receiving a bonus. 

 

Percentage of employees receiving a bonus payment in 2021/22

Bonus pie chart
Horizontal ethnicity pay gap

What is behind these figures?

Our horizontal pay gaps show that the pay gap at each level of the business is smaller than our overall pay gaps. 

The main factor influencing pay gaps within levels is the higher representation of white staff in property roles, which attract higher remuneration than group or support roles.