Auto Trader has reported an 18% mean ethnicity pay gap for 2024, up from 15.5% in 2023.
Its median ethnicity pay gap was 19.8%, up from 15.6% the year prior. Meanwhile, its mean ethnicity bonus gap for the year was 50.7%, down from 56.3%, and its median ethnicoty bonus gap was -173%, compared to 0 in 2023. A total of 1.9% of ethnically diverse and 6.1% of white staff received a bonus this year.
The organisation’s mean hourly gender pay gap for 2024 was 9.6%, down slightly from 9.8% in 2023, and its median hourly gender pay gap stood at 14.9%, a slight decrease from 15.6% the previous year. Its mean gender bonus gap was 14.7, up from 4.9% in 2023, and its median gender bonus gap was 56.4%, up from 0 in 2023, linked to employees exercising share plans. A total 6.2% of women and 5.5% of men received a bonus this year.
Auto Trader has additionally published its disability pay gap for the first time. Its mean disability pay gap for 2024 was 5.9% and its median disability pay gap was 1.9%; 16.8% of its workforce disclosed that they had a disability. Its lower pay quartile this year consisted of 14.4% of disabled and 85.6% of non-disabled employees, while its upper pay quartile comprised 14.3% and 85.7% respectively.
Nathan Coe, chief executive officer of Auto Trader, said: “As we have done with our ethnicity pay gap, we are publishing our disability pay gap in advance of it becoming a mandatory requirement and have included a high-level analysis in this year’s report. Our purpose is ‘Driving change together responsibly’, it shapes our strategy, decision making and how we evolve and nurture the culture of our business. People are the heart of our business, and by ensuring a diverse workforce and cultivating an environment where everyone feels a sense of belonging, we unlock their full potential, which, in turn, maximises our business’s success.”
