Skip to additional navigation Skip to content

Appendix C - RBC Gender Pay Gap Reporting as at 31 March 2024

RBC Gender Pay Gap Reporting as at 31 March 2024

This is the eighth consecutive year we have produced and published the data comparing the rates of pay for male and female employees
within the organisation.

The areas being reported on are:

  • The difference in the mean and median hourly pay rate between male and female employees
  • The proportion of men and women receiving bonus payments and the difference in the mean and median bonus payments.
  • The breakdown by gender for each quartile of the pay table

The figures are taken as a snapshot of employees in post on 31 March. Within the last financial year, we continue to see a trend in the mean £ per hour being higher for females than males.

Gender Pay Gap Reporting
Category 31.3.2024
£ per hour
31.3.2023
£ per hour
31.3.2022
£ per hour
31.3.2021
£ per hour
31.3.2020
£ per hour
31.3.2019
£ per hour
31.3.2018
£ per hour
31.3.2017
£ per hour
Female 18.19 16.97 15.63 15.17 14.44 13.58 13.12 12.86
Male 16.71 15.50 15.11 15.24 14.58 14.63 14.71 14.12
Difference -1.48 -1.48 -0.52 0.08 0.14 1.05 1.59 1.26
Mean Gender Pay Gap in hourly rate -8.87% -8.63% -3.46% 0.5% 1% 7.2% 10.8% 8.9%

This is the third consecutive year that the female mean has been higher than the male.