Colliers has published its Ethnicity Pay Gap (EPG) data for the first time, alongside its gender pay data for 2021.
Colliers is once again publishing its gender pay gap report in advance of the deadline and is amongst the first in the industry to publish ethnicity pay data, despite there currently being no legislative requirement to do so.
The report shows a mean gender pay gap of 38.1% (+0.6% yoy) for 2021 and a bonus gap of 72.7% (-5.8% yoy). When comparing 2021 with 2019 - the last ‘business as usual’ year for pay and bonuses – the figures shows a reduction in pay gap of 5.3% (2019: 43.4%). Meanwhile, Colliers reports a mean ethnicity pay gap of 20.4% and a bonus gap of 50.1%.