NATWEST MARKETS PLC

NATWEST MARKETS PLC has submitted data every year since 2019, with all 7 submissions on time.

This company has been viewed 1 time in the last 30 days.

Last submission received on Friday, 13 Feb 2026 at 13:45 UTC.

Employer ID 19307
Company Number SC090312
Employer Size 1000 to 4999
Years Submitted
2019202020212022202320242025

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 32.7%

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

Women's median bonus pay was 48.6% lower than men's.

Women made up 16.5% of the highest paid quarter and 47.7% of the lowest paid quarter.

Mean hourly pay gap 32.7%
Median hourly pay gap 25.8%
Men receiving bonus 92.7%
Women receiving bonus 92.3%
Mean bonus gap 55.9%
Median bonus gap 48.6%

Pay quartile breakdown

Women
Men
Top quartile 16.5%
83.5%
Upper-middle 30.7%
69.3%
Lower-middle 34.3%
65.7%
Lower quartile 47.7%
52.3%
2024 Mean pay gap 36.1%

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

Women's median bonus pay was 57.1% lower than men's.

Women made up 13.9% of the highest paid quarter and 48.3% of the lowest paid quarter.

Mean hourly pay gap 36.1%
Median hourly pay gap 30.5%
Men receiving bonus 88.5%
Women receiving bonus 85.5%
Mean bonus gap 59.9%
Median bonus gap 57.1%

Pay quartile breakdown

Women
Men
Top quartile 13.9%
86.1%
Upper-middle 28.3%
71.7%
Lower-middle 35.5%
64.5%
Lower quartile 48.3%
51.7%
2023 Mean pay gap 38.6%

In this organisation, women earned 69p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 52.9% lower than men's.

Women made up 13.9% of the highest paid quarter and 49.3% of the lowest paid quarter.

Mean hourly pay gap 38.6%
Median hourly pay gap 31.0%
Men receiving bonus 92.0%
Women receiving bonus 87.0%
Mean bonus gap 59.4%
Median bonus gap 52.9%

Pay quartile breakdown

Women
Men
Top quartile 13.9%
86.1%
Upper-middle 25.6%
74.3%
Lower-middle 34.4%
65.7%
Lower quartile 49.3%
50.7%
2022 Mean pay gap 38.4%

In this organisation, women earned 68p for every £1 that men earned when comparing median hourly pay.

Women's median bonus pay was 70.6% lower than men's.

Women made up 14.1% of the highest paid quarter and 50.2% of the lowest paid quarter.

Mean hourly pay gap 38.4%
Median hourly pay gap 31.9%
Men receiving bonus 90.9%
Women receiving bonus 85.6%
Mean bonus gap 63.6%
Median bonus gap 70.6%

Pay quartile breakdown

Women
Men
Top quartile 14.1%
85.9%
Upper-middle 25.1%
74.9%
Lower-middle 35.2%
64.8%
Lower quartile 50.2%
49.8%
2021 Mean pay gap 38.3%

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

Women's median bonus pay was 50.0% lower than men's.

Women made up 11.9% of the highest paid quarter and 43.4% of the lowest paid quarter.

Mean hourly pay gap 38.3%
Median hourly pay gap 28.4%
Men receiving bonus 94.3%
Women receiving bonus 93.4%
Mean bonus gap 59.1%
Median bonus gap 50.0%

Pay quartile breakdown

Women
Men
Top quartile 11.9%
88.1%
Upper-middle 25.1%
74.9%
Lower-middle 35.7%
64.3%
Lower quartile 43.4%
56.6%
2020 Mean pay gap 33.4%

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

Women's median bonus pay was 47.8% lower than men's.

Women made up 15.2% of the highest paid quarter and 41.7% of the lowest paid quarter.

Mean hourly pay gap 33.4%
Median hourly pay gap 26.0%
Men receiving bonus 82.6%
Women receiving bonus 87.3%
Mean bonus gap 55.7%
Median bonus gap 47.8%

Pay quartile breakdown

Women
Men
Top quartile 15.2%
84.8%
Upper-middle 23.5%
76.5%
Lower-middle 32.3%
67.7%
Lower quartile 41.7%
58.3%
2019 Mean pay gap 36.1%

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

Women's median bonus pay was 48.5% lower than men's.

Women made up 14.7% of the highest paid quarter and 44.5% of the lowest paid quarter.

Mean hourly pay gap 36.1%
Median hourly pay gap 29.0%
Men receiving bonus 84.4%
Women receiving bonus 83.8%
Mean bonus gap 68.5%
Median bonus gap 48.5%

Pay quartile breakdown

Women
Men
Top quartile 14.7%
85.3%
Upper-middle 23.6%
76.4%
Lower-middle 36.4%
63.6%
Lower quartile 44.5%
55.5%