Not to be confused with the issue of equal pay, the gender pay gap shows the difference in the average hourly rate of pay between male and female employees. It is expressed as a percentage of average male earnings. We also include two important voluntary calculations: an equity partner earnings gap, and a total earnings gap which reflects the earnings of both employees and equity partners.
In recognition that our gender pay gap is driven by us having lower female representation at senior grades, we are working hard to address this imbalance with a focus on recruitment and promotion. For full reporting and information around our gender and ethnicity pay gap, please see our metrics.
Detailed information on our actions and progress across all areas of inclusion will be shared as part of our inclusion report due to be published in early 2021.