The Chartered Insurance Institute (CII) has reported a reduction in its gender pay gap, although behind the UK average, as well as its ethnicity pay gap.
Figures from the CII showed that median gender pay gap and gender pension gap both fell over the last 12 months. It reported a median gender pay gap of 10.06% in 2021, compared with 13.94% in 2020, while it reported a median gender pension gap of 10.66% in 2021, down from 11.16% in 2020. The latest figures from the Office of National Statistics (ONS) show the UK average gender pay gap stands at 7.9% among full-time employees as of April this year. The CII's mean gender pay gap was reported as 14.81% in 2021, down from 16.25% the previous year, while the mean pension gap is 7.35% in...
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