UK Gender Pay Gap 2020

Marsh & McLennan's greatest strength is the collective talent of its people and the company is committed to accelerating the advancement of women. The more diverse the backgrounds and experiences of our colleagues, the more opportunity we have as a company. This is at the core of what we do and delivers the striving, questioning environment and diversity of thought which provides us with our competitive advantage and reflects the client communities that we serve.

In this report, we detail our 2020 Gender Pay Gap across Marsh UK, including Marsh Services Limited (which incorporates the UK businesses of Marsh Limited, Marsh & McLennan, and Guy Carpenter), and Jelf Insurance Brokers Limited.

Following Marsh & McLennan's acquisition of JLT Group plc on 1 April 2019 our workforce profile has changed since our 2019 results, with JLT becoming part of our wider workforce within Marsh Services Limited.

As with many organisations, we recognise we are on a continuous journey to further women's progression in the workplace. Across our firm we are focused on what we can do better. We know that we succeed when we bring the widest range of people and views to the table, and without the insight, knowledge and skills of our colleagues there is no Marsh & McLennan Companies.

This report highlights some of the initiatives that support our commitments, such as signing the Women in Finance Charter, our early careers support, Marsh's Global Diversity Talent Development Programme, and the work of our Colleague Resource Groups.

This report highlights some of the initiatives that support our commitments, such as signing the Women in Finance Charter, our early careers support, Marsh's Global Diversity Talent Development Programme, and the work of our Colleague Resource Groups.

What we know

Our workforce profile, with more men in senior roles, results in our overall gender pay gap. Since 2018 the mean Gender Pay Gap has improved by 15.2% and the median Gender Pay Gap has improved by 6.5%. We recognise that this has not improved enough and that we need to do more to improve this at a quicker rate.

UK Gender Pay Gap 2020

 

As of April 1, 2019, the companies that formerly made up JLT Group plc were acquired by Marsh & McLennan. On April 5, 2019, the snapshot date for the Gender Pay Gap Information Regulations 2017, the majority of employees were still employed by their legacy JLT employing entities. This report below details JLT Group Plc's Gender Pay Gap data for 2018/19.