FCA sees ethnicity pay gap fall in 2022

In 2022, the FCA's median ethnicity pay gap is 22.5%, down by 2% from the previous year, and the mean pay gap is 22.8%, down by 1.6% from 2021, its data showed. The regulator's pay gap data, published 19 July, also pointed to improvements in its gender pay gap. The median gender pay gap is 19.8% in 2022, down 0.3% from 2021, while the mean gender pay gap decreased to 15.6%, a 0.3% decrease from the previous year. "Our pay and bonus gaps have generally moved in the right direction over the last three years," stated the FCA in its data report. "Our ethnicity pay and bonus gaps in partic...