Zurich publishes second annual ethnicity pay gap data

10.2% in 2021

John Brazier
clock • 2 min read

Insurer launches series of initiatives to ensure workforce represent “21st century Britain”

Zurich has published its ethnicity pay gap data for 2021, showing a mean average hourly pay gap of 10.2%, an increase from 9.8% last year, which it attributes to staff turnover.  Meanwhile, Zurich's bonus gap stands at 37%, up from 19.6% in 2020.  It stated that the increases have been driven by the fact that there are "fewer Black and ethnic minority employees in senior roles." Almost nine out of ten (87%) employees at Zurich shared information about their ethnicity - 7.7% of which declare themselves as belonging to an ethnic minority. In response, Zurich has launched a series of ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

New chief exec for Medicash

New chief exec for Medicash

Andrew Healy MBE to take the role

Cameron Roberts
clock 19 December 2024 • 1 min read
Cirencester Friendly achieves PDG Charter status

Cirencester Friendly achieves PDG Charter status

Eighth insurer in 2024

Cameron Roberts
clock 19 December 2024 • 1 min read
2024 in review: Provider reflections on a year of 'recovery'

2024 in review: Provider reflections on a year of 'recovery'

Focus on IP growth, Consumer Duty and prevention

Jaskeet Briah
clock 18 December 2024 • 5 min read