Our ethnicity pay gap
Our data for 2024/25
We have completed our ethnicity pay analysis using the same methodology set out in the UK government’s regulations for calculating our gender pay gap. Twenty employees did not receive their full pay due to unpaid/reduced-pay leave reasons, giving a baseline population of 1,141.
Ethnicity pay gaps are aggregated binary comparisons and only compare those employees who identify their ethnicity as either white or ethnic minority.
At RLB, these two declarations account for 98.1% of our workforce. This is a high employee engagement rate as only 1.9% of our workforce have either chosen not to share their ethnicity, or we have no record of this information. These 50 employees have been omitted from our ethnicity pay gap metrics, but we have included the ‘prefer not to say’ and ‘unknown’ groups in our pay quarter distribution chart.
The ethnicity balance of our UK full-pay employees is illustrated in the graphic:
The ethnicity balance of our UK full-pay employees:
Our ethnicity balance across all pay quarters
The chart below shows our ethnicity balance overall and across the four quarters of our pay range, from the highest-paid to the lowest-paid positions.
We continue to carry out automated data collection for existing employees every six months, providing them with an opportunity to review their DE&I data which has allowed us to reduce our unknown data gap to 1.9%. This unknown data gap represents the number of employees that have not provided any data.
Overall ethnic minority representation across the firm has increased by 15% since 2024 and while there are gaps in our data across all pay quarters, we have made year-on-year progress to reduce that data gap.
Ethnicity hourly pay gap
The mean and median percentage differences between the adjusted hourly rates paid to white and ethnic minority employees in the preceding 12 months to the snapshot date.
Ethnicity bonus pay gap
The mean and median percentage differences between the bonuses paid to white and ethnic minority employees in the preceding 12 months to the snapshot date.
Bonus payment ratio
The proportions of each ethnic group who received bonuses in the preceding 12 months to the snapshot date.
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