Please ensure Javascript is enabled for purposes of website accessibility

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]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

3d rendering. Smiling chatbot and mockup empty bubbles, text messages with answers. Artificial intelligence helping human to generate ideas and create. Concept of AI and communication illustration

EY’s New Payroll Chatbot Just Has to Be Slightly Less Sucky Than HR to Be a Success

No doubt proud of its partnership with a massive professional services organization that is mostly prestigious unless some scandal or embarrassing internal falling out is afoot, Microsoft has written a long and complementary blog post about EY’s new toy the ‘EY Intelligent Payroll Chatbot‘. Speaking of EY and payroll, the great “just kidding!” payroll snafu […]

old man giving thumbs down

Former Partner Who Got His Says Aussie Government Should Stop Using Outside Consultants

*not the actual partner in photo The PwC tax scandal (AFR coverage) has brought to light the government’s liberal use of outside consultants (that’s “liberal” as in “a lot” not the political leaning so spare the comments) and amplified the voices of people who believe the government should be doing a lot of this work […]