This would reveal not only the obvious lack of non-white executives at the top of companies, but a pool of talented BAME workers undermined by employers failing to recruit and, most importantly, promote them.
Don’t hold your breath though – I doubt it will happen anytime soon. Were an ethnic pay gap report to be made mandatory by Theresa May’s government, the findings would be even more morbid than the gender pay gap.
Just what would an ethnic pay gap look like? Gender pay gap reporting has been misunderstood by some due to popular thinking that it’s simply a like-for-like pay comparison between men and women in the same jobs. Businesses have had to reveal far more than that: comparisons of median hourly pay and mean pay suggest the latter heavily outweighs the former, revealing a larger, worrying legacy of gender imbalance at executive level dominated by men on bigger compensation packages.