Burberry reports 26.7% mean gender pay gap for 2023

Burberry gender pay gap
Credit: Sorbis / Shutterstock.com

Fashion brand Burberry has reported a 26.7% mean gender pay gap for 2023, down from 29% in 2022.

The employer’s median gender pay gap was 13.8%, down from 14.2% in 2022. Meanwhile, its mean gender bonus gap for last year was 62.8%, up from 55.8% the prior year, while its median gap was 39.8%, up slightly from 38.7% in 2022. A total of 81.4% of men and 78.5% of women received a bonus in last year, compared to 80.5% and 81.8% the previous year.

Burberry’s mean ethnicity pay gap for 2023 was 6.4%, up from -3.6% in 2022, and its median gap was -10.6%, compared to -17% the previous year. Its mean ethnicity bonus gap for last year was 28.7%, up from 23.9% in 2022, while its median gap was -172%, compared to -80.7% the prior year.

According to the brand, the highest representation of ethnically diverse employees is in its middle to upper pay quartiles, which pushes the middle ethnically-diverse individual higher up the pay scale in its median ethnicity pay gap calculation. It has also seen a decrease in the number of ethnically-diverse employees at the top of its pay scale.

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Alexandra McCauley, chief people officer at Burberry, said: “We are diversifying our hiring practices and strengthening our early careers talent pipelines to ensure our workforce continues to evolve. The variety of roles and the demographic of our population continue to be the key drivers of our pay gaps.

“We are also encouraging employees to voluntarily disclose their ethnicity information to inform our actions and are pleased that this has increased to 82% of our UK population. As we continue our journey, I am excited to work closely with everyone across our business to unlock their potential and to continue to be a brand as enriched by the diversity of its communities as modern Britain is.”