We are committed to paying our colleagues fairly, knowing this helps them feel valued, respected and recognised for the work they do. Our Fair Pay Charter sets out our commitment to pay all our colleagues competitively and transparently, and our reward policy is updated to reflect the current and future needs of the business.
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Wider Workforce Remuneration
We continue to ensure employees are paid fairly for the work they do and are supported by simple and transparent pay structures in line with industry best practices. We keep our policies and processes under review to make sure we do so.
Leadership Insights
Workplace Live events with the Group CEO and Group CFO provide further insights and transparency into the company's performance and strategies.
Financial Wellbeing
Our virtual Financial Wellbeing Zone includes tailored guides and support for all colleagues and their families across a range of financial wellbeing themes. These include budgeting, planning for the future, and accessing expert assistance. The Financial Wellbeing Zone promotes spotlight sessions to colleagues to coincide with Pensions Week and Financial Wellbeing Month.
Performance Awareness
NatWest Group also helps colleagues to have an awareness of the financial and economic factors affecting its performance through quarterly ‘Results Explained’ communications.
Pay Gap Reporting
Pay gap reporting is a crucial aspect of our fair pay charter. Our business must mirror the communities we serve to cater to them effectively. We aim to provide every employee and customer with the opportunity to succeed and the support needed to thrive. Until this becomes everyone's lived experience, we will continue to strive to make it a reality.
You can view our pay gap reports below, which detail our commitment to pay equality and the progress we've made in closing gender and ethnicity pay gaps.