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The UK Gender Pay Gap 2021

Shearman & Sterling LLP

Issue link: https://digital.shearman.com/i/1378060

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THE UK GENDER PAY GAP 3 Gender Pay Gap Comparison 2017 2018 2019 Mean pay gap Median pay gap 39% 37% 54% 52% 39% 54% Bonus Gap Comparison 78% 67% 63% 55% 66% 68% Gender Pay Gap Gender Pay is the average difference between the earnings of men and women regardless of their role. Equal Pay is paying men and women performing the same role equally. $ $ Proportion of Men and Women Receiving a Bonus Mean pay gap Median pay gap 31% 59% 2017 53% 68% 2018 54% 69% 2019 Men Women Our analysis indicates that there are a number of factors impacting our hourly pay and bonus gap numbers: (1) the numbers are reported on a blended basis, including both lawyers and business services roles; (2) there are more male employees in senior roles; (3) the majority of our senior lawyers are male; and (4) there are a greater number of women than men in part-time roles. We are working to close the pay and bonus gaps primarily by focusing on recruiting, retaining and advancing women lawyers. 2020 35% 58% 2017 2018 2019 2020 52% 65% 57% 70% 2020

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