Published March 2024
Starling’s latest gender pay gap figures (2023), show that the median gender pay gap has remained the same at 9.2%, while the mean has increased from 12.3% to 18.0%.
Our gender pay gap figures
Gender pay gap 2022 - 2023
| Mean | Median | |
|---|---|---|
| 2023 | 18.0% | 9.2% |
| 2022 | 12.3% | 9.2% |
These figures don’t mean that women are paid less for equal work than men; they are calculated based on an average of what Starling pays all men and women regardless of their role.
The data shows that on average, for each £1 a male employee earns, a female employee earns 82 pence. When you use the median - the midpoint of all salaries - women earn 91 pence for every £1 earned by men.
Proportion of women and men in highest paying roles
| 2023 | Women | Men |
|---|---|---|
| Q1 - Upper quartile | 31% | 69% |
| Q2 - Upper middle quartile | 44% | 56% |
| Q3 - Middle lower quartile | 47% | 53% |
| Q4 - Lower quartile | 51% | 49% |
In 2023, women occupied 31% of jobs in the highest paying quartile. It’s the greater number of men than women in higher paid roles that mostly explains the gender pay gap at Starling.
Bonus pay gap, 2023
| 2022 | 2023 | |
|---|---|---|
| Mean | 33.21% | 42.69% |
| Median | 32.69% | -13.01% |
| Female employees receiving a bonus | 4.11% | 1.77% |
| Male employees receiving a bonus | 5.32% | 2.34% |
The figures above relate to a small number of employees and were awarded in respect of our long term incentive schemes, such as share awards.
We endeavour to make continued progress towards eliminating our gender pay gap as we believe that this is the right thing to do, and is in line with our purpose and values.