The pay multiple is the ratio between the earnings of the highest paid employee and the median earnings figure of our employees.
|Year Ending||Median earnings||Pay multiple|
|31 March 2023||£31,663||4.74|
In this specific calculation the median remuneration of all staff has been calculated by taking the annual remuneration of each individual employee as at 31 March 2023, based on the total full-time equivalent salary and including additional payments that an employee would have received over an entire year.
Pay policy statement and appendices