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January 28, 2023

Number of the Day: 15.3%

The Queen’s EY recently released its 2020 Pay Gap Report, and the good news is the gender pay gap among EY U.K. staff is slowly closing, but the bad news is the ethnicity pay gap is growing.

Chairman Hywel Ball said:

I am pleased that our gender pay gap has improved by 4.7%, achieved by both recruiting and promoting women, particularly at senior levels. Our ethnicity pay gap has widened by 1.9%, largely due to an increase in the number of ethnic minority graduates we employed this year.

We have also increased our ethnic minority talent at each level as well as the representation of both our female and ethnic minority partners.

The median gap between what EY’s male and female staff earn is now at 15.3%, but the pay gap is 15.8% for ethnic minority staff.

There’s also a section about bonuses in the report. According to EY, 66.8% of women received a bonus last year, compared to 62% of men. In addition, 52.5% of ethnic minority staff got a bonus, compared to 70.1% of white employees.

Here’s some other pay gap data the Black and Yellow included in its report:[EY Pay Gap Report 2020]

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