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15 May 23 Company news

Auto Trader hosts Mind the Gap event at Houses of Parliament


Auto Trader recently hosted an event at the Houses of Parliament focusing on Ethnicity Pay Gap reporting as part of our work with Mind the Gap, a group we helped to form over the last two years. Last November, we launched a joint report focusing on how businesses can overcome the barriers to measuring and reporting their ethnicity pay gap.

​The Mind the Gap Group is a selection of like-minded companies that, as providers of opportunity, are working to support businesses in making positive change for people of all ethnic backgrounds, starting by encouraging the government to make ethnicity pay gap mandatory.

The group includes AVEVA, Lloyds of London, Sainsburys, BP, LandSec, Shell, HSBC, ITV, Natwest, M&G and Auto Trader.

This initiative isn’t about a specific measure, or a report and the answer is not achieving a “number” – because we understand that no measure, including pay gap reporting in isolation, is perfect.

Auto Trader has been reporting for two years now, and is taking action to focus on attracting a diverse range of people and supporting their career development throughout their time at Auto Trader ​​​​​​​

On the 15th May, we gathered around 70 people from a variety of organisations, including MPs, to shine a light on ethnicity pay gap reporting. We shared lessons learnt through our own reporting process and heard addresses from:

- Caroline Nokes, MP and Chair of the Women and Equalities Select Committee

- Stuart Andrew MP and Minister for Equalities

- Florence Eshalomi, MP and Shadow Cabinet Minister

- Nathan Coe, CEO of Auto Trader

The collective group of companies want to support other companies with their own ethnicity pay gap reporting.​​

We want government to make ethnicity pay gap reporting mandatory – like it is today for companies with over 250 employees who must report their gender pay gap.

You can find out more about our gender and ethnicity pay gaps here.

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