Arms, security and aerospace firm BAE Systems has reported a 7.7% mean gender pay gap for 2023, down from 8.6% in 2022.
BAE Systems’ median gender pay gap was 8.7%, down from 8.3% the previous year. Both figures are lower than the organisation’s first reported ones in 2017, at 11.2% and 10.3% respectively. Its 2023 lower pay quartile comprised 68.5% men and 31.5% women, and its upper pay quartile 82.1% men and 17.9% women.
The organisation’s 2023 mean gender bonus gap was 9.5% and its median gender bonus gap was 8.3%. A total of 95.4% of men received a bonus that year, compared to 95% of women.
Meanwhile, BAE Systems’ mean ethnicity pay gap for 2023 was 3.9%, and its median ethnicity pay gap was 5.8%. Its 2023 lower pay quartile comprised 75.8% men and 17.5% staff from all other ethnic groups, and its upper pay quartile consisted of 84.6% of white employees and 9.3% of staff from all other ethnic groups.
Its mean ethnicity bonus gap was -2.3% and its median ethnicity bonus gap was 1%. A total of 95.8% of its white employees received a bonus that year, compared to 93.4% of staff from all other ethnic groups.
Tania Gandamihardja, group human resources director at BAE Systems, said: “This report, the data that it includes, and above all, what the data tells us about our organisation, will help to pave the way for our business to become more equitable and more inclusive. Pay gap reporting helps us ensure that BAE Systems is a workplace in which all our employees can succeed and progress.
“By being transparent, we can discuss the challenges with our employees and other stakeholders, identify steps to achieve improvements and measure progress over time. We know that delivering change may take time and will require a sustained and collaborative effort. We are determined to make BAE Systems a place where all our employees can achieve their full potential.”