Business services organisation, Deloitte, is one of the first high-profile employers to publish gender pay gap information under new Regulations that came into force this April (although has been publishing similar information since 2015). The firm’s mean pay gap is 18.2% and its median stands at 15.3%.
The gap is bigger for bonuses – 50.9% at the mean and 39.1% at the median. The firm’s narrative to the data publication says that both pay and bonus gaps are largely due to the lower proportion of women in senior roles at the firm, and that once this ‘structural’ issue is removed, the mean pay gap falls to just 2.5%.
Emma Codd, managing partner for talent at Deloitte, says:
‘We fully support the government’s decision to formalise and standardise the way in which companies report their gender pay gap . . . As with many organisations, Deloitte’s gender pay and bonus gaps arise because of the disproportionate number of men in senior positions. As of 1 June, 19% of our partners were women. This is our most senior – and therefore highest paid – grade. 29% of our directors – our second most senior grade – are female.’