At CBRE, our DE&I vision is to enable our people and business partners to thrive by fostering a diverse, equitable and inclusive environment…where everyone can succeed.
Measurable progress is key in helping us advance change. Understanding our pay gaps ensures that we continue to strengthen our inclusive culture where everyone is rewarded fairly, regardless of their gender or background.
Our 2020 overall CBRE UK Gender Pay data (which includes all qualifying legal entities for Advisory, CBRE GWS and CBRE GI) shows the mean gender pay gap is 15.48% and the median gender pay gap is 8.42%.
Whilst our overall mean figure has marginally regressed, we have seen improvements across almost all reporting demographics. We are encouraged that our figure remains below the UK national mean gap of 15.5%, and we will continue to accelerate change.
In our report, we outline our commitments and actions to advance the representation of women in our Upper Pay Quartiles.
Ethnicity Pay Gap Report
CBRE Limited has also published its first ethnicity pay gap report which shows that in 2019, CBRE’s Advisory Business had a mean (average) ethnicity pay gap of 15.44% and a median (mid-point) ethnicity pay gap of 14.05%.
Ensuring that we maintain a focus on underrepresented groups across CBRE is a priority and the publication of our ethnicity pay gap supports the commitment made in October by signing the Business in the Community’s ‘Race at Work Charter’.