• Register
Return to: Home > News > PwC UK has the highest gender pay gap among the Big Four at 43.8%

PwC UK has the highest gender pay gap among the Big Four at 43.8%

PwC UK has become the latest of the Big Four to update its gender pay gap figures to include equity partners, which has found the firm to have the largest gap of 43.8%.

Deloitte is a close second with 43.2%, followed by KPMG (42%) and EY (38.1%). Further, PwC also revealed a 35.9% pay game for its Black, Asian and Minority Ethnic (BAME) employees and partners. PwC explained that the partner pay gap had not been based on full time pay, but had been calculated by total distributable profits.

PwC chairman and senior partner Kevin Ellis said the increase required the need for more women and ethnic minorities in senior roles. “We pay our women and men equally for doing the same or equivalent jobs across our business. The issue is one of senior representation rather than pay inequality and it is not good enough,” he said.

Gender pay gap reporting guidelines from the UK Advisory, Conciliation and Arbitration Service (ACAS) specifically exclude equity partners because they are the business owners. Yet following increasing pressure from the public, the Big Four firms published updated figures earlier this month to include partners.

Top Content

    South Africa: sensing new opportunities

    It has been an interesting couple of years for the profession in South Africa. A number of high-profile scandals have brought the profession and the role of auditors into sharp public focus, brewing a distrust towards accountants and a large expectations gap. Joe Pickard reports.

    read more

    Ghana: a quest for consistency

    Ghana’s current economic profile would suggest a fertile landscape for purveyors of accounting services. But inconsistent approaches to compliance and application of standards – coupled with problems in the banking sector and consequent liquidity constraints – have created a challenging environment. Paul Golden writes.

    read more

    Drone technology: audit takes to the skies

    The movement towards a digitised era has already impacted the auditing profession in a number of ways, from blockchain to artificial intelligence. Now firms are taking to sky and using drone technology in their audits. Mishelle Thurai speaks to Big Four firms to find out more.

    read more

    SBC: a new alliance joins the market

    Jonathan Minter speaks to Paul Tutin, chair of founding firm Streets Chartered Accountants, about why the business and its European partners took the decision to launch their own association.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.