Law firm Linklaters has revealed that its mean ethnicity pay gap for 2022 was 5.1%, which was a small decrease from 6.4% in 2021.
The employer’s median ethnicity pay gap moved from -27.2% to -22.4% last year. Its mean ethnicity bonus gap slightly narrowed, from 22.9% in 2021 to 22.6% in 2022, and its median ethnicity bonus gap widened from -11.5% to 17.5% last year. A total of 82.3% of white employees at the firm received a bonus, compared with 75.6% of minority ethnic staff.
Meanwhile, its mean gender pay gap for 2022, excluding equity partners, was 22.4%, up from 18.8% in 2021 and its median gender pay gap was 39.2%, an increase from 34.5% in 2021.
Linklater reported that its mean bonus pay gap, excluding equity partners, dropped from 50.3% in 2021 to 32.6% in 2022 and its median bonus gap was 27.3%, a decrease from 51.7% the prior year. A total of 78.7% of men and 78.4% of women received a bonus last year.
According to Linklaters, its bonus gap improved as a result of a one-off 5% bonus payment made to all staff excluding partners, to thank them for their hard work during the pandemic.
Aedamar Comiskey, senior partner at Linklaters, said: “Being a leader in diversity sits at the heart of our vision and strategy. We want our firm to be a place where talented people are given every opportunity to succeed. Diversity of thought and perspective empowers people, and it drives innovation and good decision making. Ultimately, this ensures the best solutions for our clients and the best experience for our people.
“While we’re pleased that we’re making positive progress, there is still work to be done but I am confident that our focused diversity, equity and inclusion strategy and the commitment of our people will enable us to meet the ambitious goals we have set ourselves.”