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Gender pay gap continues to close
The figures, which combine the pay data for the two UK companies covered by the regulations (Esso Petroleum Company, Limited and ExxonMobil Chemical Limited), also show an improvement in the mean gender pay gap figure to 4.7 percent, compared with 7.1 percent in the previous year. This figure has continued to shrink annually since we first began reporting in 2017.
Year |
Median Gender Pay Gap |
Mean Gender Pay Gap |
2020 |
6.8 percent |
4.7 percent |
2019 |
7.1 percent |
7.1 percent |
In 2020, 38 percent of our graduate recruits in the UK were women, while the proportion of experienced hires who were female increased to 20 percent.
The data shows an increase in female representation in senior management, with 22 percent of all senior management positions held by women. This has increased from 14 percent over the last six years. Overall, 28 percent of our female workforce are currently in management positions, up from 24 percent seven years ago. By comparison, 27 percent of male employees work in comparable management positions.
Paul Greenwood, Lead Country Manager for ExxonMobil in the UK, said: “We are making good progress. We recognise there is more to be done, and we will continue to champion this issue within our company and within our sector.”
Also in this issue
First quarter results bounce back
Exxon Mobil Corporation announced estimated first quarter 2021 earnings of $2.7 billion, marking a return to profitability after a difficult year in 2020, when losses of $610 million were posted in the same period due to impacts from the COVID-19 pandemic. In this latest quarter, oil-equivalent production was 3.8 million barrels per day, up 3 per cent from the fourth quarter of 2020.