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JLT unveils gender pay gap | Insurance Business

In line with UK government regulations, Jardine Lloyd Thompson Group (JLT) has published information on its UK gender pay gap, revealing a median pay gap of 35%, a mean pay gap of 44.1%, as well as a median bonus gap of 64.4% and mean bonus gap of 75.8%.

The data, based on April 2017 earnings, also revealed that a greater proportion of men are in higher-paid roles in JLT, as compared to women, best described as a “talent gap,” the global re/insurer said in a statement.

To improve gender balance at senior levels in the UK, JLT said it is undertaking a number of positive actions, including:

  • Continuing to broaden the talent pool to ensure an equal number of males and females are attracted to apply;
  • Integrating inclusive leadership into all its senior-development programmes, and focusing on forward-looking career development as a global approach to performance management;
  • Ensuring an equal number of male and female employees are enrolled in JLT’s Emerging Leaders Programme; and
  • Requiring the best female candidates on every candidate list for senior recruitment.

“As with most organisations, JLT’s gender pay gap highlights the proportion of male employees versus female employees in senior roles,” said Dominic Burke, group CEO of JLT Group. “This data reinforces the importance of our approach to ensuring everyone has equality of access to senior roles through our inclusive career-development processes.”
 

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