THE INVESTMENT ASSOCIATION
THE INVESTMENT ASSOCIATION has submitted data every year since 2018, with all 6 submissions on time.
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Last submission received on Thursday, 18 Apr 2024 at 08:08 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.
2023 Mean pay gap 27.7%
Submitted on Thursday, 18 Apr 2024 at 08:08 UTC.
In this organisation, women earned 73p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 17.6% lower than men's.
Women made up 50.0% of the highest paid quarter and 75.0% of the lowest paid quarter.
Pay quartile breakdown
2022 Mean pay gap 31.8%
Submitted on Thursday, 1 Jun 2023 at 15:38 UTC.
In this organisation, women earned 65p 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 51.0% of the highest paid quarter and 73.0% of the lowest paid quarter.
Pay quartile breakdown
2021 Mean pay gap 37.5%
Submitted on Thursday, 7 Apr 2022 at 11:26 UTC.
In this organisation, women earned 63p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 41.3% lower than men's.
Women made up 50.0% of the highest paid quarter and 77.3% of the lowest paid quarter.
Pay quartile breakdown
2020 Mean pay gap 26.6%
Submitted on Thursday, 7 Apr 2022 at 14:12 UTC.
In this organisation, women earned 85p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 30.0% lower than men's.
Women made up 54.2% of the highest paid quarter and 69.6% of the lowest paid quarter.
Pay quartile breakdown
2019 Mean pay gap 30.3%
Submitted on Tuesday, 18 Feb 2020 at 12:53 UTC.
In this organisation, women earned 84p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 31.3% lower than men's.
Women made up 50.0% of the highest paid quarter and 69.6% of the lowest paid quarter.
Pay quartile breakdown
2018 Mean pay gap 38.5%
Submitted on Thursday, 11 Oct 2018 at 08:16 UTC.
In this organisation, women earned 68p for every £1 that men earned when comparing median hourly pay.
Women's median bonus pay was 44.7% lower than men's.
Women made up 35.3% of the highest paid quarter and 72.2% of the lowest paid quarter.
Pay quartile breakdown