The Financial Conduct Authority (FCA) has seen improvements in its gender and ethnicity pay gaps between 1 April 2021 to 31 March 2022, with a larger decrease in ethnicity pay gap, according to its data.
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...
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