QBE European Operations publishes first UK Ethnicity Pay Gap Report, which details the difference in the average hourly rate of pay between QBE European Operations' UK ethnic minority and white employees as of April 2020, which has been analysed using the same data and methodology as a gender pay gap analysis.
The data generated is based on 80% of QBE European Operations' UK workforce who have shared details of their ethnicity.
Committed to addressing imbalances within the business
It is not a government requirement to produce this report, however, QBE European Operations has elected to publish the data as part of its commitment to addressing any imbalances within its business.
It is QBE European Operations' intention to continue to publish the ethnicity pay gap report annually, alongside the gender pay gap report and to track progress made.
Addressing existing pay gaps highlighted in report
In order to address existing pay gaps highlighted in the report, QBE European Operations has committed to:
- Improving diversity data on UK employees
- Actively reviewing processes and practices across the employee life cycle to reduce opportunities for systemic bias.
- Reviewing hiring policies and maximising opportunities to attract a diverse talent pool.
- Educating and raising awareness across the company through its internal diversity network.
“I truly believe improving the ethnicity pay balance is very important for our people and for the progression of the company. It is something that I personally am fully committed to and will make sure in the years ahead active measures are taken to improve this balance. This is our first year publishing our ethnicity pay gap data with the intention to be transparent with our colleagues, by listening to their experiences and finding ways to create more opportunities and continuing to forge an inclusive and diverse workplace," says Jason Harris, CEO of QBE European Operations International.
Work for a company making diversity and inclusion progress
QBE European Operations is creating a diverse and inclusive workplace that respects all employees, irrespective of their differences – visible and invisible. For the company, this is essential for attracting and developing the best people and generating better outcomes.
Forge a rewarding career with QBE European Operations.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.