Gender Pay Gap 2024

For narrative only: Chubb consolidated figures (all UK employees 2024)

1,991 (*2,045) relevant employees in scope; with 1,945 (*1,997) full pay relevant employees.

 

2020 Consolidated

2021 Consolidated

2022 Consolidated

2023 Consolidated

2024 Consolidated

Hourly Pay Gap

Mean

30.8%

30.3%

27.6%

25.0%

28.2%

Median

31.0%

28.8%

28.8%

15.1%

27.4%

% of men : women in Upper hourly pay quartile

76% : 24%

76% : 24%

74% : 26%

75% : 25%

73% : 27%

Upper Middle quartile

66% : 34%

67% : 33%

67% : 33%

64% : 36%

65% : 35%

Lower Middle quartile

54% : 46%

55% : 45%

54% : 46%

52% : 48%

50% : 50%

Lower quartile

42% : 58%

45% : 55%

44% : 56%

44% : 56%

43% : 57%

12 Month Bonus Gap

Mean

59.7%

61.0%

58.3%

57.6%

57.7%

Median

46.4%

47.3%

47.6%

47.5%

31.1%

% of employees receiving bonus (% men : women)

85.7% : 87.1%

92.7% : 92.3%

91.8% : 89.3%

93.3% : 89.2%

95.4% : 94.2%

 

'I confirm that the data reported above is accurate.'
Kate Richards - SVP Human Resources Europe

Statutory numbers: Chubb Services UK Limited (CSUK)

1,178 (*1,397) relevant employees in scope; with 1,115 (*1,367) full pay relevant employees

 

2017 Services UK Ltd

2018 Services UK Ltd

2019 Services UK Ltd

2020 Services UK Ltd

2021 Services UK Ltd

2022 Services UK Ltd

2023 Services UK Ltd

2024 Services UK Ltd

Hourly Pay Gap

Mean

35.2%

33.9%

32.3%

35.5%

33.9%

30.9%

27.4%

30.9%

Median

33.4%

31.8%

30.6%

36.2%

30.6%

31.4%

15.9%

24.2%

% of men : women in Upper hourly pay quartile

78% : 22%

76% : 24%

76% : 24%

77% : 23%

76% : 24%

75% : 25%

75% : 25%

75% : 25%

Upper Middle quartile

66% : 34%

67% : 33%

67% : 33%

68% : 32%

68% : 32%

68% : 32%

66% : 34%

67% : 33%

Lower Middle quartile

56% : 44%

54% : 46%

52% : 48%

54% : 46%

54% : 46%

53% : 47%

52% : 48%

52% : 48%

Lower quartile

40% : 60%

41% : 59%

43% : 57%

40% : 60%

43% : 57%

43% : 57%

43% : 57%

44% : 56%

12 Month Bonus Gap

Mean

67.4%

66.2%

63.5%

63.6%

68.8%

66.8%

68.9%

64.5%

Median

49.1%

53.3%

50.7%

60.9%

55.0%

51.5%

52.6%

51.4%

% of employees receiving bonus (% men : women)

76.2% : 62.8%

86.1% : 81.1%

85.1% : 80.3%

59.8% : 64.8%

67.1% : 70.0%

71.9% : 68.9%

92.9% : 86.6%

94.9% : 93.6%

 

'I confirm that the data reported above is accurate.'
Kate Richards - SVP Human Resources Europe

Statutory numbers: CEG SE UK Branch

1,838 (*1,914) relevant employees in scope; with 1,794 (*1,867) full pay relevant employees

 

2020 CEG SE UK Branch

2021 CEG SE UK Branch

2022 CEG SE UK Branch

2023 CEG SE UK Branch

2024 CEG SE UK Branch

Hourly Pay Gap

Mean

30.3%

31.0%

26.6%

23.2%

27.1%

Median

30.6%

29.1%

28.8%

14.6%

26.8%

% of men : women in Upper hourly pay quartile

76% : 24%

75% : 25%

74% : 26%

74% : 26%

72% : 28%

Upper Middle quartile

66% : 34%

67% : 33%

67% : 33%

63% : 37%

63% : 37%

Lower Middle quartile

54% : 46%

55% : 45%

53% : 47%

52% : 48%

50% : 50%

Lower quartile

42% : 58%

45% : 55%

44% : 56%

44% : 56%

43% : 57%

12 Month Bonus Gap

Mean

59.6%

60.4%

56.0%

50.0%

53.5%

Median

44.8%

45.7%

43.2%

39.8%

31.9%

% of employees receiving bonus (% men : women)

84.5% : 86.5%

90.3% : 90.8%

87.5% : 87.3%

93.5% : 89.6%

95.6% : 94.8%

 

We made changes in 2020 aligning employment contracts to our business operating model. Prior to 2020, all UK based employees were employed by Chubb Services UK Limited (CSUKL). In 2020 employees were employed by different legal entities based on their role, responsibilities, and which part of the business they work in or service. This means some employees are employed by Chubb European Group SE (CEGSE) acting through its UK branch; and other employees have dual or joint employment with CEGSE and CSUKL. Employees can be included in one or both legal entity gender pay gap (GPG) figures depending on employment contract status but only once in the combined Chubb GPG figures.

We are legally obligated to show GPG figures by legal entity. The consolidated Chubb GPG figures, however, are most comparable to figures reported in prior years.

'I confirm that the data reported above is accurate.'
Kate Richards - SVP Human Resources Europe