Gender
Pay Gap

Company Statement

The Gender Pay Gap reporting gives a snapshot of the gender balance within an organisation regardless of their role or seniority.

The gender pay gap shows the gap between the mean and median earnings of females and males and the bonus pay gap shows the gap between the mean and median bonus paid to females and males.

At Pepper, our mission is ‘To Help People Succeed’, whether this is our customers, intermediary partners or our dedicated colleagues. Pepper Money employs diverse talent and are committed to ensure that all colleagues are selected and appropriately compensated in their roles based on their skills, abilities and performance alone with equal access to recognition, reward and career progression opportunities. Attracting, developing, nurturing and retaining talented women is important to us as a business.

We acknowledge there is a gender pay gap within the Firm. This is largely caused by our workforce profile, the gender gap is caused by a gender imbalance in senior executive roles.

We continue to promote opportunities, champion inclusion and diversity, embed our cultural principles and regularly review our hiring practices and talent management. Our employee-led DE&I committee continues to grow sponsored by the CEO, we’ve changed HR systems to improve data analytics capabilities, we focused on wellbeing and became a signatory to the MIMHC, increasing awareness on issues impacting women, running financial wellness workshops. We’re committed to making a positive difference for our colleagues, our clients, in our communities and society at large.

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Pay Quartile 2025 - Female / Male Count

Pay Gap

Difference between Male and Female

Mean Pay Gap

Median Pay Gap

The charts above show our overall mean and median gender pay gap based on hourly rates of pay as paid in the month of April 2025 for male and female employees.

The gender pay gap is almost exclusively concentrated in the upper quartile of earners. These figures reflect the fact that the majority of senior managers are male.

Bonus Gap

Difference between male and female

Mean Bonus Gap

Median Bonus Gap

The bonus pay gap represents the difference in the average bonus pay for male and female employees. When considering the total male population, only 1.74% are in part time positions, whereas in comparison 12.07% of the total female population is in a part time position which could partially explain this. The bonus pay gap is far more pronounced than the salary pay gap, and is partially explained by Senior Leadership being majority male and a larger percentage of the lower quartile population being female.

Male

Female

Across our workforce, 98% of all Female employees and 93.8% of all Male employees received a bonus payment.