The Chartered Insurance Institute (CII) has reported drops in its median gender and ethnicity pay gaps to 9.31% and 9.9%, respectively.
The gender pay gap data was collected among 203 individuals employed by the CII Group in April 2022, while the ethnicity data was collected by 177 individuals. The institute also published data which reflected an increase in its mean gender pay gap to 21.19%, meaning that fewer males were employed in lower and middle quartile pay roles. Despite the data showing that the gap has narrowed, it is still marginally lower than the 28% reported in its first statistics in 2017. However, the data collection showed that the CII's mean ethnicity pay gap has fallen by almost half year-on-year, de...
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