Gender pay gaps at Lloyds Banking Group in the UK 2018-2023
In 2023, the aggregate mean gender pay gap at Lloyds Banking Group stood at 26.7 percent, which was a notable decrease compared to 2022. The median gender pay gap was 32.8 percent in 2022, a two percent decrease compared to the previous year. The gender pay gap refers to the difference between the hourly rate of pay of male and female employees, expressed as a percentage of male pay. Between 2018 and 2023, the mean gender pay gap decreased 4.8 percent, while the median gender pay gap remained the same.