AAT publishes latest gender and ethnicity pay gap reports
17 September 2021
AAT has published its latest gender pay gap report for 2021, alongside its first ever ethnicity pay gap report.
The gender pay gap report, which is based on hourly rate of pay at the snapshot date of 5 April 2021, shows that the mean pay gap for male and female staff has declined to 3.5%. The median pay gap stands at 7.4%.
AAT has also reported an equal 50/50 split amongst male and female employees, and has an equal number of male and female colleagues at director level.
On ethnicity pay data, AAT’s combined report for 2020 and 2021 shows that there have been slight increases in the mean and median pay gaps, rising from 23.2% and 21.8% in 2020 to 24.9% and 23.9% in 2021 respectively. Additionally, 15% of staff in the top quartile of roles were from ethnic minority backgrounds in 2021, compared to 19% in 2020.
Olivia Hill, Chief HR Officer at AAT, said: "AAT is strongly committed to equality and diversity and aspires to be a workplace where all colleagues feel included and enabled to reach their full potential. We have been a leader in the financial sector on gender equality for several years, including publishing our gender pay gap data, which has led to an increased focus on strengthening diversity within our organisation.
"The new figures released today show that this work is having an impact and we will continue to push for further positive change. We’re also pleased to be publishing our first ever report on ethnicity pay data, which sets out a benchmark and gives us a goal to work towards in the future to address our ethnicity pay gap.
"However, we still have a lot to do: now is not the time to rest on our laurels. Instead, we will back up this data with action, including signing up to the Race at Work Charter, setting up an Executive Sponsor for Race, and undertaking further analysis to identify how we can best support the career progression of all our staff. We are also continuing our programme of annual benchmarking through the Employers Network for Equality and Inclusion and providing unconscious bias training throughout the organisation."
The reports can be found on the AAT gender and ethnicity pay gap reports page.
