The following table summarises our gender pay gap based on the April 2022 payroll for 1,122 relevant colleagues within the charity. The charity’s relevant headcount has decreased from 1,498 in 2021.
For comparison, we have included the average figures for the UK and for those organisations classified as providing the same type of economic activity as StepChange (Financial intermediation). Note that the UK and sector equivalent figures for 2022 are not yet available; we will update this document when they are published.
2022 mean and median pay gap with 2021 for comparison
In comparison with men at StepChange:
||Women’s mean hourly rate is
||Women’s median hourly rate is
UK average 13.6% lower
Financial intermediation average 25.9% lower
UK average 12.2% lower
Financial intermediation average 23.9% lower
- Our pay gap continues to be smaller than most other organisations and significantly below those with a similar focus.
- Our median pay is slightly lower for women than men, and the mean pay gap has increased by 0.7%.
The charity’s overall headcount has reduced since 2021 and the reduction has not been evenly distributed from a pay perspective. The reduction in female representation in the highest pay quartile is the key reason for the increase in our gender pay gaps. The distribution of men and women across the pay quartiles is documented in the following section.
We continue to believe that this year’s small increases reflect the natural variations resulting from running the charity. The gender pay calculation is a snapshot of pay at a point in time and ongoing recruitment activity will see the gender pay gap fluctuate, both up and down, over time.