Law firm Slaughter and May has reported a 9.5% mean ethnicity hourly pay gap for 2023, down from 11.9% in 2022.
The employer’s median ethnicity hourly pay gap for 2023 was 14.3%, up from 11.1% in 2022. A total of 94% of its employees shared their ethnicity details.
Its mean ethnicity bonus gap was 12.1%, up from 10.2% the prior year, and its median gap was 13.2%, up from 5.6% in 2022. A total of 81.7% of ethnic minority and 86.3% of white employees received a bonus last year, compared to 82.2% and 89.4% the previous year.
Slaughter and May’s 2023 gender hourly pay gap was 14.7%, up from 13.8% in 2022, and its median gap was 39.8%, down from 41.7% the previous year.
Meanwhile, its mean gender bonus gap for 2023 was 19.4%, down from 27.9% in 2022, and its median gap was 38.7%, down from 42.9%. A total of 84% of women and 85.9% of men received a bonus last year, compared to 88.5% and 87.7% the prior year.
The firm also reported its disability and LGBTQ+ pay gaps for 2023. Its mean disability hourly pay gap was -5.3% and its median gap was -26.3%, while its mean LGBTQ+ hourly pay gap was -12.7% and its median gap was -46.2%. A total of 93% of its employees shared their disability details, while 89% revealed their sexual orientation.
Jill Hoseason, chief operating officer of Slaughter and May, said: “We’re committed to ensuring a diverse and inclusive workplace. We also recognise how providing an inclusive workplace is key to attracting and retaining the best talent and creating an environment where our people can thrive.
“While we know we have more to do, we’re proud of our progress on diversity and inclusion more broadly. We’re confident that the initiatives outlined in this report and our related responsible business efforts will allow us to continue to foster an inclusive environment and deliver long-term, sustainable change within Slaughter and May.”