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October 13, 2017

EY discloses a 19.7% gender pay gap

By Stephanie Wix

EY has published a gender pay gap mean of 19.7% in the UK compared to PwC’s pay gap at 13.7% and Deloitte’s at 18.2% ahead of the UK governments’ regulatory deadline of April 2018 when companies of over 250 employees will have to disclose the detailed differences in pay between males and females.

EY added that for this year the median gender pay gap figure is 14.8% and that the mean ethnicity pay gap is 17.3%, with a 9.8% median. In comparison PwC BAME pay gap earlier this year stood at 12.8%. EY’s bonus pay difference between men and women stood at 43.5% which was lower than Deloitte’s 50.9%.

EY has 27% female staff compared to its target of 30%, and 40% of EY’s UK board are women. EY aimed to have 10% for black, Asian and minority ethnic (BAME) in its partner intake and achieved 13%.

EY UK managing partner Steve Varley said: “We know there is more work to do to speed up the process of achieving parity in the workplace and looking at this challenge through the lens of the pay gap figures has given us even greater resolve.”

KPMG’s will release its pay gap figures in its financial results in December.

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