CII gender pay gaps lags behind UK average

Also reports ethnicity pay gap

John Brazier
clock • 1 min read

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...

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

Iress adds Zurich to The Exchange platform

Iress adds Zurich to The Exchange platform

Adopts ex-smoker questions

Jaskeet Briah
clock 24 October 2024 • 1 min read
IFoA names new CEO

IFoA names new CEO

Paul Lewis to take position

Jaskeet Briah
clock 18 October 2024 • 1 min read
L&G updates leadership team

L&G updates leadership team

Laura Mason and Katie Worgan added

Cameron Roberts
clock 16 October 2024 • 2 min read