THE FINANCIAL CONDUCT AUTHORITY
THE FINANCIAL CONDUCT AUTHORITY has submitted data every year since 2017. 1 of 9 submissions were filed after the deadline.
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Last submission received on Friday, 11 Jul 2025 at 09:33 UTC.
Overall workforce composition
Deviation from a 50:50 gender split, averaged across all four pay quartiles per year. 0% represents an equal split of men and women; positive values mean more women, negative means fewer women.
Hourly pay gap over time
Positive values indicate women's hourly pay is lower than men's by that percentage. A value of 0 indicates equal pay; negative values indicate women earn more.
Pay quartile breakdown
Each band shows the percentage of that quartile that is male vs female.
Lower quartile bottom 25% of earners
Lower-middle quartile 25–50th percentile
Upper-middle quartile 50–75th percentile
Top quartile top 25% of earners
Bonus pay
Percentage of each gender who received a bonus payment.
Bonus pay gap — positive values indicate women's bonus pay is lower than men's.
Year by year
Each year's submission in full. Most recent year shown first.
2025 Mean pay gap 11.2%
Submitted on Friday, 11 Jul 2025 at 09:33 UTC.
In this organisation, women earned 91p for every £1 that men earned when comparing median hourly pay.
Women made up 41.0% of the highest paid quarter and 64.0% of the lowest paid quarter.
Pay quartile breakdown
2024 Mean pay gap 12.2%
Submitted on Tuesday, 9 Jul 2024 at 12:42 UTC.
In this organisation, women earned 89p for every £1 that men earned when comparing median hourly pay.
Women made up 42.0% of the highest paid quarter and 65.0% of the lowest paid quarter.
Pay quartile breakdown
2023 Mean pay gap 13.1%
Submitted on Wednesday, 26 Jul 2023 at 12:49 UTC.
In this organisation, women earned 86p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 19.0% lower than men's.
Women made up 42.0% of the highest paid quarter and 65.0% of the lowest paid quarter.
Pay quartile breakdown
2022 Mean pay gap 15.6%
Submitted on Thursday, 8 Sept 2022 at 08:42 UTC.
In this organisation, women earned 80p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 33.3% lower than men's.
Women made up 40.0% of the highest paid quarter and 66.0% of the lowest paid quarter.
Pay quartile breakdown
2021 Mean pay gap 16.3% Late submission
Submitted on Wednesday, 26 Jul 2023 at 13:24 UTC.
In this organisation, women earned 80p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 23.5% lower than men's.
Women made up 40.0% of the highest paid quarter and 65.0% of the lowest paid quarter.
Pay quartile breakdown
2020 Mean pay gap 18.4%
Submitted on Monday, 23 Nov 2020 at 16:16 UTC.
In this organisation, women earned 80p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 22.6% lower than men's.
Women made up 39.0% of the highest paid quarter and 64.7% of the lowest paid quarter.
Pay quartile breakdown
2019 Mean pay gap 17.8%
Submitted on Tuesday, 30 Jul 2019 at 14:46 UTC.
In this organisation, women earned 79p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 23.5% lower than men's.
Women made up 39.0% of the highest paid quarter and 65.0% of the lowest paid quarter.
Pay quartile breakdown
2018 Mean pay gap 18.5%
Submitted on Tuesday, 15 Jan 2019 at 16:46 UTC.
In this organisation, women earned 79p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 26.2% lower than men's.
Women made up 39.0% of the highest paid quarter and 66.0% of the lowest paid quarter.
Pay quartile breakdown
2017 Mean pay gap 19.3%
Submitted on Friday, 8 Dec 2017 at 15:41 UTC.
In this organisation, women earned 79p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 25.2% lower than men's.
Women made up 36.0% of the highest paid quarter and 65.0% of the lowest paid quarter.
Pay quartile breakdown