ROYAL BANK OF CANADA

ROYAL BANK OF CANADA has submitted data every year since 2017, with all 9 submissions on time.

This company has been viewed 0 times in the last 30 days.

Last submission received on Wednesday, 1 Apr 2026 at 07:55 UTC.

Employer ID 14387
Company Number BR000548
Employer Size 1000 to 4999
Years Submitted
201720182019202020212022202320242025

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 21.0%

In this organisation, women earned 80p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 39.0% lower than men's.

Women made up 26.0% of the highest paid quarter and 47.0% of the lowest paid quarter.

Mean hourly pay gap 21.0%
Median hourly pay gap 20.0%
Men receiving bonus 93.0%
Women receiving bonus 93.0%
Mean bonus gap 49.0%
Median bonus gap 39.0%

Pay quartile breakdown

Women
Men
Top quartile 26.0%
74.0%
Upper-middle 35.0%
65.0%
Lower-middle 42.0%
58.0%
Lower quartile 47.0%
53.0%
2024 Mean pay gap 26.0%

In this organisation, women earned 76p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 43.0% lower than men's.

Women made up 25.0% of the highest paid quarter and 53.0% of the lowest paid quarter.

Mean hourly pay gap 26.0%
Median hourly pay gap 24.0%
Men receiving bonus 95.0%
Women receiving bonus 92.0%
Mean bonus gap 47.0%
Median bonus gap 43.0%

Pay quartile breakdown

Women
Men
Top quartile 25.0%
75.0%
Upper-middle 26.0%
74.0%
Lower-middle 43.0%
57.0%
Lower quartile 53.0%
47.0%
2023 Mean pay gap 28.0%

In this organisation, women earned 74p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 41.0% lower than men's.

Women made up 23.0% of the highest paid quarter and 55.0% of the lowest paid quarter.

Mean hourly pay gap 28.0%
Median hourly pay gap 26.0%
Men receiving bonus 91.0%
Women receiving bonus 88.0%
Mean bonus gap 50.0%
Median bonus gap 41.0%

Pay quartile breakdown

Women
Men
Top quartile 23.0%
77.0%
Upper-middle 25.0%
75.0%
Lower-middle 40.0%
60.0%
Lower quartile 55.0%
45.0%
2022 Mean pay gap 31.0%

In this organisation, women earned 71p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 45.0% lower than men's.

Women made up 20.0% of the highest paid quarter and 55.0% of the lowest paid quarter.

Mean hourly pay gap 31.0%
Median hourly pay gap 29.0%
Men receiving bonus 93.0%
Women receiving bonus 92.0%
Mean bonus gap 57.0%
Median bonus gap 45.0%

Pay quartile breakdown

Women
Men
Top quartile 20.0%
80.0%
Upper-middle 28.0%
72.0%
Lower-middle 40.0%
60.0%
Lower quartile 55.0%
45.0%
2021 Mean pay gap 34.4%

In this organisation, women earned 70p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 48.1% lower than men's.

Women made up 19.5% of the highest paid quarter and 57.6% of the lowest paid quarter.

Mean hourly pay gap 34.4%
Median hourly pay gap 29.6%
Men receiving bonus 94.1%
Women receiving bonus 92.1%
Mean bonus gap 57.2%
Median bonus gap 48.1%

Pay quartile breakdown

Women
Men
Top quartile 19.5%
80.5%
Upper-middle 26.4%
73.6%
Lower-middle 39.9%
60.1%
Lower quartile 57.6%
42.4%
2020 Mean pay gap 34.0%

In this organisation, women earned 72p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 48.0% lower than men's.

Women made up 16.0% of the highest paid quarter and 55.0% of the lowest paid quarter.

Mean hourly pay gap 34.0%
Median hourly pay gap 28.0%
Men receiving bonus 92.0%
Women receiving bonus 86.0%
Mean bonus gap 56.0%
Median bonus gap 48.0%

Pay quartile breakdown

Women
Men
Top quartile 16.0%
84.0%
Upper-middle 27.0%
73.0%
Lower-middle 38.0%
62.0%
Lower quartile 55.0%
45.0%
2019 Mean pay gap 35.0%

In this organisation, women earned 67p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 55.0% lower than men's.

Women made up 16.0% of the highest paid quarter and 55.0% of the lowest paid quarter.

Mean hourly pay gap 35.0%
Median hourly pay gap 33.0%
Men receiving bonus 88.7%
Women receiving bonus 87.3%
Mean bonus gap 59.0%
Median bonus gap 55.0%

Pay quartile breakdown

Women
Men
Top quartile 16.0%
84.0%
Upper-middle 24.0%
76.0%
Lower-middle 38.0%
62.0%
Lower quartile 55.0%
45.0%
2018 Mean pay gap 33.0%

In this organisation, women earned 71p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 55.0% lower than men's.

Women made up 16.0% of the highest paid quarter and 54.0% of the lowest paid quarter.

Mean hourly pay gap 33.0%
Median hourly pay gap 29.0%
Men receiving bonus 88.0%
Women receiving bonus 89.0%
Mean bonus gap 63.0%
Median bonus gap 55.0%

Pay quartile breakdown

Women
Men
Top quartile 16.0%
84.0%
Upper-middle 24.0%
76.0%
Lower-middle 35.0%
65.0%
Lower quartile 54.0%
46.0%
2017 Mean pay gap 35.0%

In this organisation, women earned 70p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 60.0% lower than men's.

Women made up 14.0% of the highest paid quarter and 53.0% of the lowest paid quarter.

Mean hourly pay gap 35.0%
Median hourly pay gap 30.0%
Men receiving bonus 98.0%
Women receiving bonus 99.0%
Mean bonus gap 64.0%
Median bonus gap 60.0%

Pay quartile breakdown

Women
Men
Top quartile 14.0%
86.0%
Upper-middle 23.0%
77.0%
Lower-middle 33.0%
67.0%
Lower quartile 53.0%
47.0%