Colliers has published its ethnicity pay gap data for the first time, revealing a mean ethnicity pay gap of 20.4% and a bonus gap of 50.1%.
The report is based on the 70% of the agency’s UK business to have completed an ethnicity demographic survey.
Tony Horrell, Colliers’ chief executive for the UK and Ireland, said: “As with the gender challenge, there is work to be done, but having access to our ethnicity pay gap numbers provides an opportunity from which to review and build. The fact that we have been able to gather 70% of our people’s ethnicity data is testament to the work of our Balance in Business Programme, and we are proud to be setting a benchmark, no matter how small, for the wider industry to follow.”
The company’s Balance in Business Programme set a D&I objective for 2020/21 of encouraging more staff to complete the internal demographic data survey.
Human resources director Lydia Ings said: “I am proud to be amongst the first in our industry to publish our ethnic pay data. This gives us another line in the sand from which to build and demonstrates how far we have come as a business in getting the necessary buy-in from our people to gather the vital data needed to progress when it comes to D&I in our workplace.
“By publishing our ethnic pay data, we are taking responsibility and acknowledging that we are accountable for our own progress. Our pay gap may increase as more of our people complete our demographic questionnaire, but if that increased completion rate is a measure of a more culturally aware and inclusive business, then we are heading in the right direction.”
Last month JLL published its own ethnicity pay gap report for the first time, showing a mean ethnicity pay gap of 16.3% and median ethnicity pay gap of 10.5%.
“Our ethnicity pay gap is too wide and we are striving for better,” said UK chief executive Stephanie Hyde at the time. “Now we have the data, we can build on our response rate and use the data to inform our race action plan.”
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