Equality and diversity

The gender pay gap at the OfS

Public sector bodies are required to publish gender pay gap data for 31 March each year, by the following 30 March. The OfS has now published its gender pay gap data (31 March 2024).

What is the gender pay gap?

The gender pay gap is the difference in the average earnings between all men and women in an organisation. It is different to equal pay, which is about the difference in actual earnings of men and women doing equal work (or work of equal value).

Since April 2017, employers with 250 or more employees have been required to publish information on their gender pay gap including:

  • the mean gender pay gap
  • the median gender pay gap
  • the mean bonus gender pay gap
  • the median bonus gender pay gap
  • the proportion of men and women who received bonuses
  • the proportion of men and women according to quartile pay bands.

The mean gender pay gap is the difference between the mean hourly rate of pay of male full-pay relevant employees and that of female full-pay relevant employees.

The median gender pay gap is the difference between the median hourly rate of pay of male full-pay relevant employees and that of female full-pay relevant employees.

OfS workforce

The OfS had a workforce of 472 on 31 March 2024. Due to the size of our organisation, small changes in our staffing can have a large impact on the gender pay gap reporting statistics.

Our gender pay gaps – key points

1. Our mean gender pay gap has been reducing since the OfS was incorporated.

In March 2019, the mean rate was 13.6 per cent; this has reduced to 7.3 per cent in March 2024.

7 stacks of coins showing amount paid to female staff compared with every £1 paid to male staff for March 2019 (86p), March 2020 (89p), March 2021 (89p), March 2022 (91p), March 2023 (92p), March 2024 (93p)

2. Our median gender pay gap in March 2024 was 19.0 per cent. This figure has increased from last year’s figure of 18.8 per cent.  

Across the whole organisation the female mid-point salary falls 19.0 per cent below the male mid-point salary. The main reason for this is a higher proportion of men (59 per cent) are employed in the top two quartiles of the organisation compared with the proportion of women (45 per cent).

Bar chart showing median pay in March 2024 of 81 pence in the pound.

3. Despite the higher proportion of men in the top two quartiles, the number of men and women in the highest quartile has moved steadily closer over time.

In March 2024, women were distributed fairly evenly through the four pay quartiles:

  • 45 per cent were in the top two pay quartiles (of which 23 per cent were in the top quartile of salaries compared with 28 per cent of men)
  • 55 per cent were in the bottom two pay quartiles.

Of the men employed in the organisation:

  • 59 per cent were in the top two quartiles (of which 28 per cent were in the top quartile)
  • 41 per cent were in the bottom two quartiles.

In March 2024, in terms of absolute numbers, the top quartile had:

  • 70 women
  • 48 men.

From March 2019, the total number of female staff in the highest earning quartile has increased by 27. The number of men in the top quartile has increased by 10.

bar chart showing number of employees in each pay quartile in March 2024

4. The OfS employs twice as many women than men. This gender split has remained constant since March 2019.

As we have a predominately female workforce, small movements in male employees in and out of the organisation can create a high level of volatility in our gender pay percentages.

Actions and way forward

Over the last five years, the OfS has considered the impact of the pay award on the gender pay gap with a view to moving the median pay rate for women closer to the male median.

We have released a new people strategy from 2024–2028, and we continue to consider our approach to pay and reward over this period.

Get the data

 

 

 

March 2024

Gender pay gap – overall

Mean

7.3%

Median

19.0%

Gender pay gap – bonus pay in the 12 months to 31 March 2024

Mean

9.5%

Median

0.0%

Proportion of employees paid a bonus in the 12 months to 31 March 2024

Male employees

70.1%

Female employees

71.3%

 

Quartile

March 2024
  Female Male

First quartile (lowest salaries) 

64.4%

35.6%

Second quartile

75.4%

24.6%

Third quartile

55.1%

44.9%

Fourth quartile (highest salaries)

59.3%

40.7%

 

Last updated 31 July 2024
31 July 2024
Updated with latest narrative, figures and charts using March 2024 data.
23 January 2024
Updated with latest narrative, figures and charts using 2023 data.
24 March 2023
Figures, charts and information updated with March 2022 data, and the most recent figures for September 2022.
15 March 2022
Figures and information updated with September 2021 data, and graphics added to represent the data visually.
28 January 2022
Figures and information updated with 2021 data.
18 March 2021
March 2020 data added
30 March 2020
March 2019 data published

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