Fostering a connected and inclusive culture at Preqin is indispensable to our success as a firm. We prioritize creating a work environment where all employees can thrive, because a dynamic, inclusive organization allows us to better serve our clients. We are proud of our culture, where each employee contributes to driving performance for our firm and our clients - and where we strive to ensure that every person is empowered to thrive.
We present our 2024 UK Gender Pay Gap Report. The data in this report represents our commitment to creating a connected and inclusive culture that welcomes a diverse range of people and perspectives to foster creative solutions and avoid groupthink. As of December 2024, our UK-based team was 64% men and 36% women. The chart below shows that 41% of our managers and 25% of senior leaders were women.
The main driver of our gender pay gap reflects the roles that men and women occupy at the firm. Over the last year, the pay gap at Preqin has narrowed as a result of more women in manager and senior leader roles. At the same time, the fluctuations in the bonus gaps derive primarily from a larger proportion of men in senior and sales roles.
Definitions
Pay gap - The percentage difference between the mean and the median earnings for men and women, expressed relative to men's earnings.
Mean - The mean gender pay gap is the difference in the average hourly pay for women compared to men.
Median - The 'midpoint' of all hourly salary/bonus earnings of men women. If you separately lined up all the women in the company and all the men, the median pay gap is the difference between the hourly pay rate for the middle woman compared to that of the middle man.
Pay quartiles - The total employee population in this data group listed from the highest hourly salary to lowest, divided into four equal quartiles.
Percentage receiving bonus payment calculates the percentage of women and men receiving any bonus payment in the year preceding April 2024.
Declaration
We confirm that Preqin's gender pay gap calculations are accurate and meet the requirements of the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 - Christoph Knaack, CEO, Preqin
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