Tesco Underwriting Limited

United Kingdom · 250-499 · www.tescoplc.com/media/qpzhpeou/tesco-bank-everyones-welcome-report-2023-feb-23.pdf

Reporting year: 2024

Mean pay gap

13.1%

13.1%in favour of men

Median pay gap

0.2%

0.2%in favour of men

Bonus gap

43.2%

43.2%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

53%

47%

Upper middle

53%

47%

Lower middle

55%

45%

Lower (lowest paid)

53%

47%

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

15.6%

15.6%in favour of men

Median pay gap

6.8%

6.8%in favour of men

Bonus gap

68.1%

68.1%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

48.8%

51.2%

Upper middle

54.9%

45.1%

Lower middle

57.8%

42.2%

Lower (lowest paid)

60.2%

39.8%

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

22.7%

22.7%in favour of men

Median pay gap

4.7%

4.7%in favour of men

Bonus gap

67.2%

67.2%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

44.4%

55.6%

Upper middle

53.1%

46.9%

Lower middle

57.3%

42.7%

Lower (lowest paid)

57.3%

42.7%

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

37.6%

37.6%in favour of men

Median pay gap

8.1%

8.1%in favour of men

Bonus gap

66.7%

66.7%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

35%

65%

Upper middle

52%

48%

Lower middle

58%

42%

Lower (lowest paid)

55%

45%

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

40.2%

40.2%in favour of men

Median pay gap

12.7%

12.7%in favour of men

Bonus gap

68.5%

68.5%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

41.2%

58.8%

Upper middle

51.8%

48.2%

Lower middle

60.9%

39.1%

Lower (lowest paid)

61.2%

38.8%

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

38.1%

38.1%in favour of men

Median pay gap

10.3%

10.3%in favour of men

Bonus gap

67.1%

67.1%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

39%

61%

Upper middle

54.2%

45.8%

Lower middle

53.7%

46.3%

Lower (lowest paid)

65.9%

34.1%

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

38.7%

38.7%in favour of men

Median pay gap

15.1%

15.1%in favour of men

Bonus gap

65.9%

65.9%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

37.5%

62.5%

Upper middle

51.7%

48.3%

Lower middle

48.9%

51.1%

Lower (lowest paid)

66.3%

33.7%

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

36.2%

36.2%in favour of men

Median pay gap

10.1%

10.1%in favour of men

Bonus gap

60.8%

60.8%in favour of men

Pay quartiles (share of women)

Upper (highest paid)

39.8%

60.2%

Upper middle

58.1%

41.9%

Lower middle

51.6%

48.4%

Lower (lowest paid)

61.3%

38.7%

women men

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

Source: UK Gender Pay Gap Service