Motor Insurers' Bureau

United Kingdom · 250-499 · www.mib.org.uk/about-mib/management-and-governance/gender-pay-gap-report-women-in-finance-charter/

Reporting year: 2024

Mean pay gap

29.7%

29.7%in favour of men

Median pay gap

23%

23%in favour of men

Bonus gap

66.3%

66.3%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

47%

53%

Upper middle

58%

42%

Lower middle

63%

37%

Lower (lowest paid)

77%

23%

women men

Mandatory UK gender pay gap report, snapshot year 2024 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2023

Mean pay gap

31%

31%in favour of men

Median pay gap

28.8%

28.8%in favour of men

Bonus gap

60.4%

60.4%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

41.4%

58.6%

Upper middle

56.6%

43.4%

Lower middle

61.6%

38.4%

Lower (lowest paid)

80.8%

19.2%

women men

Mandatory UK gender pay gap report, snapshot year 2023 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2022

Mean pay gap

38%

38%in favour of men

Median pay gap

31.2%

31.2%in favour of men

Bonus gap

74.5%

74.5%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

36.3%

63.7%

Upper middle

57.1%

42.9%

Lower middle

58.2%

41.8%

Lower (lowest paid)

83.5%

16.5%

women men

Mandatory UK gender pay gap report, snapshot year 2022 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2021

Mean pay gap

35%

35%in favour of men

Median pay gap

23.4%

23.4%in favour of men

Bonus gap

57.4%

57.4%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

41%

59%

Upper middle

53%

47%

Lower middle

65%

35%

Lower (lowest paid)

74%

26%

women men

Mandatory UK gender pay gap report, snapshot year 2021 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2020

Mean pay gap

25.5%

25.5%in favour of men

Median pay gap

19.4%

19.4%in favour of men

Bonus gap

6.2%

6.2%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

48%

52%

Upper middle

53%

47%

Lower middle

61%

39%

Lower (lowest paid)

77%

23%

women men

Mandatory UK gender pay gap report, snapshot year 2020 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2019

Mean pay gap

25.1%

25.1%in favour of men

Median pay gap

21.8%

21.8%in favour of men

Bonus gap

40.5%

40.5%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

48%

52%

Upper middle

58%

42%

Lower middle

67%

33%

Lower (lowest paid)

78%

22%

women men

Mandatory UK gender pay gap report, snapshot year 2019 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2018

Mean pay gap

24%

24%in favour of men

Median pay gap

16%

16%in favour of men

Bonus gap

41%

41%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

47%

53%

Upper middle

52%

48%

Lower middle

63%

37%

Lower (lowest paid)

72%

28%

women men

Mandatory UK gender pay gap report, snapshot year 2018 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service

Reporting year: 2017

Mean pay gap

27.6%

27.6%in favour of men

Median pay gap

18.4%

18.4%in favour of men

Bonus gap

40.5%

40.5%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

42.7%

57.3%

Upper middle

57.3%

42.7%

Lower middle

62.5%

37.5%

Lower (lowest paid)

72.7%

27.3%

women men

Mandatory UK gender pay gap report, snapshot year 2017 (employers 250+). Positive % means men paid more.

Source: UK Gender Pay Gap Service