2023 U.K. Gender Pay Gap Report

“Moving forward, together” – the firm’s theme for Women’s History Month this year, underpins our commitment to creating greater economic equity for women, both at JPMorgan Chase and in the communities where we live and work. In the U.K., one of the ways we are realizing this commitment is by undertaking efforts aimed at narrowing the firm’s gender pay gap.

On nearly all measures detailed in the newly released U.K. Gender Pay Gap Report for 2023, the gap has narrowed year-over-year and the representation of women at the firm in the U.K. has increased. As of December 2023, women represent 41% of the workforce across EMEA, 49% globally and 41% of our Operating Committee. The representation of women in senior roles in the U.K. also rose to 29.5% in February 2024, the highest level since we signed the U.K. Women in Finance Charter in 2018.

Our leaders remain committed to investing in the recruitment, advancement and retention of women at all levels and particularly at senior levels, which is critical to narrowing the gap. Executing on our objectives requires promoting accountability across the firm, including driving change from the top through the global Accountability Framework. The framework holds senior leaders accountable for adopting practices and engaging in behaviors that build and foster more inclusive work environment, both within their businesses and across the firm.

With these measures and an extensive range of initiatives in place to support the professional and personal growth of women at the firm, we will keep moving in the right direction.

Filippo Gori, EMEA CEO

Gender Pay Gap Report – U.K. Overall*

*U.K. overall figures include all U.K. legal entities, including those with fewer than 250 employees.

The following are some key findings on our overall U.K. figures:

• Our median hourly pay gap has narrowed by -1.2% from 19.8% to 18.6%
• Our mean hourly pay gap has narrowed by -1.5% from 27.6% to 26.1%
• The representation of women in all pay quartiles has increased year over year