As of 2023, the mean gender pay gap in the activities auxiliary to financial services and insurance activities in the United Kingdom (UK) was 24.6 percent. This meant that on average, a male employed in the financial service activities sector earned 24.6 percent more than a female employee.
Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector
Gender pay gap (GPG) - calculated as the difference between average hourly earnings (excluding overtime) of men and women as a proportion of average hourly earnings (excluding overtime) of men. For example, a 4% GPG denotes that women earn 4% less, on average, than men. Conversely, a -4% GPG denotes that women earn 4% more, on average, than men.
The source provides further information: "ASHE is based on a 1% sample of employee jobs taken from HM Revenue and Customs (HMRC) Pay As You Earn (PAYE) records. Information on earnings and hours is obtained from employers and treated confidentially. ASHE does not cover the self-employed nor does it cover employees not paid during the reference period."
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Office for National Statistics (UK). (November 1, 2023). Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). "Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector." Chart. November 1, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). (2023). Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). "Mean Gender Pay Gap of Full Time Employees in The Financial and Insurance Sector in The United Kingdom (Uk) in 2023, by Subsector." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK), Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector Statista, https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/ (last visited November 09, 2024)
Mean gender pay gap of full time employees in the financial and insurance sector in the United Kingdom (UK) in 2023, by subsector [Graph], Office for National Statistics (UK), November 1, 2023. [Online]. Available: https://www.statista.com/statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
