PensionBee, a leading online pension provider, has revealed a median hourly pay gap of just 1.6%, and a median bonus pay gap of 0% among its staff, as at 31 December 2021. The gap is in line with PensionBee’s target of 0%, with a variance of +/- 5% owing to the overall size of the employee base.

This is the second year that PensionBee has voluntarily reported on its pay gap, as part of its commitment to wage equality, in recognition that where a pay gap exists for women, a pension gap will follow. PensionBee’s median hourly pay gap was previously 4% and the median bonus pay gap 0% as at December 2020 1 .

As a member of the Women in Finance Charter, which seeks to achieve gender balance at all levels across financial services firms, PensionBee regularly reports publicly on its female representation 2 .

The online pension provider also recognises non-binary identities and has incorporated this into its regular measurement of and action on diversity and inclusion.

PensionBee has achieved complete gender parity at a company-wide level and actively recruits females into traditionally male-dominated positions, such as technology roles. PensionBee also remains focused on promoting women who have the potential to reach the management team, as firm believers that gender balanced teams create better products and services for consumers.

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