Starling’s latest gender pay gap figures (2022), show that the median gender pay gap has decreased from 10.34% to 9.24%, while the mean has narrowed from 16.05% to 12.34%.
Our gender pay gap figures
Gender pay gap 2021 - 2022
| Mean | Median | |
|---|---|---|
| 2022 | 12.34% | 9.24% |
| 2021 | 16.05% | 10.34% |
These figures don’t mean that women are paid less for equal work than men; they are calculated based on an average of what Starling pays all men and women regardless of their role. Pay gap reports are published in April, based on figures from the previous April.
The data shows that on average, women at Starling earn £88 for every £100 earned by men. When you use the median - the midpoint of all salaries - women earn £91 for every £100 earned by men.
Proportion of women and men in highest paying roles
| 2022 | Women | Men |
|---|---|---|
| Q1 - Upper quartile | 31% | 69% |
| Q2 - Upper middle quartile | 43% | 57% |
| Q3 - Middle lower quartile | 49% | 51% |
| Q4 - Lower quartile | 48% | 52% |
In 2022, women occupied 31% of jobs in the highest paying quartile, 5% more than in 2020 and 2021, when women held 26% of jobs in this quartile. It’s the greater number of men than women in higher paid roles that mostly explains the gender pay gap at Starling.
Bonus pay gap, 2022
| Proportion of women receiving a bonus | 4.11% |
|---|---|
| Proportion of men receiving a bonus | 5.32% |
| Mean bonus pay gap | 33.21% |
| Median bonus pay gap | 32.69% |
Unlike many banks, Starling does not award annual bonuses. The figures above relate to a small number of employees and were awarded in respect of our long term incentive schemes, such as share awards.
We endeavour to make continued progress towards eliminating our gender pay gap as we believe that this is the right thing to do, and is in line with our purpose and values.