Starling’s latest gender pay gap figures (2021), show that the median gender pay gap has decreased from 15.62% to 10.34%, while the mean has narrowed from 21.27% to 16.05%.
Our gender pay gap figures
Gender pay gap 2020 - 2021
Mean | Median | |
---|---|---|
2021 | 16.05% | 10.34% |
2020 | 21.27% | 15.62% |
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 £83.95 for every £100 earned by men. When you use the median - the midpoint of all salaries - women earn £89.66 for every £100 earned by men.
Proportion of women and men in highest paying roles
2021 | Women | Men |
---|---|---|
Q1 - Upper quartile | 26% | 74% |
Q2 - Upper middle quartile | 41% | 59% |
Q3 - Middle lower quartile | 49% | 51% |
Q4 - Lower quartile | 47% | 53% |
In 2021, women occupied 26% of jobs in the highest-paying quartile, the same level as in 2020. 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, 2021
Proportion of women receiving a bonus | 3.26% |
---|---|
Proportion of men receiving a bonus | 3.10% |
Mean bonus pay gap | 56.15% |
Median bonus pay gap | 0.00% |
Unlike many traditional banks, Starling does not award annual bonuses. The figures above relate to a very 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.