Silver circle firm Travers Smith has revised its gender pay comparison figures to show what the gap looks like when partners are included in the same data set as employees.
According to updated figures, the mean pay gap rockets from 14.7% to 60.49% when the alteration is made. The bonus gap increased from 37.8% to 73.8%. Within the partnership alone the pay gap is 7.08%.
When the firm initially reported its pay gap earlier this month it supplied data on employees only, as required by the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017. However, an addendum published today notes that the firm felt it was 'appropriate to provide full disclosure of the gender pay gap, inclusive of everyone in the firm’.
The report notes the high proportion of women in lower paid roles. In fact, it says that the gender pay gap for associates is 1.3% and 5.2% for senior associates.
Partner data has been a hot topic since the country’s major professional services firms, EY, PwC, Deloitte and KPMG, all re-published their reports to include equity partners - their highest earners and predominantly male. Clifford Chance, Norton Rose Fulbright and Pinsent Masons have all since followed suit.
Some firms have begun to supply partners in their returns by providing two sets of figures rather than one, combined, figure. The deadline for returns is 4 April.