Name: Gender pay gap in UK the financial and insurance industry 2015-2019
Creator: Statista

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This statistic shows the gender pay gap in the financial and insurance sector in the United Kingdom (UK) from 2015 to 2019. The 'gender pay gap' is defined as the difference between men's and women's average hourly earnings for full time workers within financial and insurance industries, as a percentage of men's average hourly earnings. The most equal industry within this sector in 2019 was the insurance, reinsurance and pension funding industry. In contrast, the least equal one was the industry corresponding to financial service activities.

Gender pay gap in full-time employment within the financial and insurance sector in the United Kingdom (UK) from 2015 to 2019, by industry

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Release date

October 2019

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Region

United Kingdom

Survey time period

2015 to 2019

Age group

16 years and older

Supplementary notes

Gender pay gap defined as the difference between men's and women's average hourly earnings as a percentage of men's average hourly earnings.

The source adds the following notes:
Employees on adult rates whose pay for the survey period was unaffected by absence.
Industry sections based on UK Standard Industrial Classification of Economic Activities 2007 (SIC 2007).
Activities of households as employers and extraterritorial organizations are excluded.
Full-time defined as employees working more than 30 paid hours per week (or 25 or more for the teaching professions). 2016 data are provisional.
Figures rounded to one decimal place.