Gender pay gap (GPG) - calculated as the difference between average hourly earnings (excluding overtime) of men and women as a proportion of average hourly earnings (excluding overtime) of men. For example, a 4% GPG denotes that women earn 4% less, on average, than men. Conversely, a -4% GPG denotes that women earn 4% more, on average, than men.
The source provides further information: "ASHE is based on a 1% sample of employee jobs taken from HM Revenue and Customs (HMRC) Pay As You Earn (PAYE) records. Information on earnings and hours is obtained from employers and treated confidentially. ASHE does not cover the self-employed nor does it cover employees not paid during the reference period."
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Mean gender pay gap in the financial and insurance sector in the UK 2024
As of 2024, the average gender pay gap in auxiliary activities supporting financial services and insurance in the United Kingdom (UK) was **** percent. This indicates that, on average, male employees in this sector earned **** percent more than their female counterparts. The pay gap in financial service activities (excluding insurance and pension funding) was significantly lower at **** percent, while in the insurance sector, it stood at ** percent.
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Office for National Statistics (UK). (October 29, 2024). Mean gender pay gap of full-time employees in the financial and insurance sector in the United Kingdom (UK) in 2024, by subsector [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). "Mean gender pay gap of full-time employees in the financial and insurance sector in the United Kingdom (UK) in 2024, by subsector." Chart. October 29, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). (2024). Mean gender pay gap of full-time employees in the financial and insurance sector in the United Kingdom (UK) in 2024, by subsector. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK). "Mean Gender Pay Gap of Full-time Employees in The Financial and Insurance Sector in The United Kingdom (Uk) in 2024, by Subsector." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Oct 2024, /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
Office for National Statistics (UK), Mean gender pay gap of full-time employees in the financial and insurance sector in the United Kingdom (UK) in 2024, by subsector ÌÇÐÄÆƽâ°æ, /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/ (last visited July 31, 2026)
Mean gender pay gap of full-time employees in the financial and insurance sector in the United Kingdom (UK) in 2024, by subsector [Graph], Office for National Statistics (UK), October 29, 2024. [Online]. Available: /statistics/824090/mean-gender-pay-gap-finance-and-insurance-uk/
