Zurich publishes second annual ethnicity pay gap data

10.2% in 2021

John Brazier
clock • 2 min read

Insurer launches series of initiatives to ensure workforce represent “21st century Britain”

Zurich has published its ethnicity pay gap data for 2021, showing a mean average hourly pay gap of 10.2%, an increase from 9.8% last year, which it attributes to staff turnover.  Meanwhile, Zurich's bonus gap stands at 37%, up from 19.6% in 2020.  It stated that the increases have been driven by the fact that there are "fewer Black and ethnic minority employees in senior roles." Almost nine out of ten (87%) employees at Zurich shared information about their ethnicity - 7.7% of which declare themselves as belonging to an ethnic minority. In response, Zurich has launched a series of ...

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