Tesco UK has reported a -3.8% mean ethnicity pay gap, a slight change from its 2023 figure of -3.4%.
The supermarket’s 2024 median ethnicity pay gap was -5%, compared to -4.6% in 2023. It stated that premium payments and salary sacrifice still drive some of the gap; when these are removed, the mean ethnicity pay gap reduces to -1.3% and the median ethnicity pay gap to -1.2%.
Its mean ethnicity bonus gap was 5.4%, down from 31.8% in 2023, and its median ethnicity bonus gap was -30.6%, versus -7% previously.
Tesco’s mean gender pay gap for 2024 was 9.1%, down slightly from 9.4% in 2023, and its median gender pay gap was 5.1%, versus 5% the previous year.
Its mean gender bonus gap was 36.7%, down from 58.3% in 2023, and its median gender bonus gap was 45.4%, up from 30.2% the year prior. A total of 21.1% of men and 14.2% of women received a bonus payment in 2024, compared to 75.8% of men and 80.9% of women in 2023. Fewer employees received a bonus in 2024 due to the absence of a ‘Thank you’ payment that was awarded to hourly-paid staff in 2023.
Matthew Barnes, chief executive officer at Tesco UK, said: “We are proud of our achievements this year. We asked our employees what changes would make a real difference to them in their working lives and are delivering on their feedback. We have implemented a number of family-related policies to support employees with their busy and demanding lives, including the right to request flexible working from the first day in role, ahead of legislation.
“Last year, we reported our ethnicity pay gap for the first time, and we remain committed to ensuring it remains a priority on our agenda. This data is based off our ‘This is Me’ questionnaire, where employees voluntarily share personal diversity information. Making Tesco a place where all our staff feel welcome and supported is at the heart of our approach. I know we will continue to strive towards this goal.”