No Driver Left Behind Report: Bridging the EV income gap

Mind the Gap report

12 FTSE100 businesses have come together to promote the importance of ethnicity pay gap reporting. The group of 12 companies, led by Auto Trader and AVEVA, all voluntarily publish their ethnicity pay gap information, and are encouraging other companies to follow suit.

The report shares insights into data collection methodology, reporting processes, communication strategies, skills and resources needed and the impact of reporting. The report also includes findings such as the average length of the reporting process - between 6-12 months - costs (with one company reporting that they executed this for as little as £6,000), and the average number of staff time required (just 27 days) to implement the project.

Ethnicity pay gap reporting has been on the government agenda since Theresa May’s 2017 manifesto which included a pledge to require all large employers to publish their ethnicity pay gaps. Since then, the changes in government personnel have delayed clarification of this issue. Last year, the government u-turned and announced it would not make ethnicity pay gap reporting mandatory, highlighting the impact of the pandemic on businesses and their need to focus on recovery.

At Auto Trader we have a strategic commitment to create a representative workforce across all levels of our organisation. We pursue our aim both authentically and systemically, expecting to see improvements in metrics, but not being driven solely by the pursuit of metrics. We believe it is important to remain accountable and transparent which is why we publish our ethnicity pay gap.