This year’s report highlights a further reduction in our gender pay gap to the point of pay parity. These results have been driven by intentional actions across the organisation—from inclusive hiring practices to flexible working policies. These results are not just numbers; they represent our commitment to fairness, opportunity, and respect for every individual.
Chief Executive, Karen Biggs commented that:
“I am proud to share the results of our latest Gender Pay Report, which reflect the meaningful progress we’ve made in building a more equitable and inclusive workplace.
Whilst we celebrate this achievement, we also recognise that equity is a journey, not a destination. We remain focused on continuous improvement, listening to our people, and ensuring that everyone, regardless of gender, can thrive and succeed here at Phoenix.
I would like to thank all our teams for making this progress possible. Together, we’re shaping a culture where inclusion is not just a value, but a lived experience.”
Commenting on the results, Chair of the Board of Trustees, Richard Hill, confirmed his commitment:
I and the whole Board of Trustees wholeheartedly support the progress outlined in this year’s Gender Pay Report and echo the comments of the Chief Executive. It is a testament to the values we hold as an Organisation and the dedication of our leadership and teams to fostering a fair and inclusive environment. Closing the gender pay gap is not only the right thing to do, it strengthens our culture, our performance, and our future.
Congratulations to everyone involved in driving this important work forward.
Karen Biggs
Chief Executive, Phoenix Futures
November 2025
| Mean gender pay gap | -0.29% |
| Median gender pay gap | -0.42% |
| Mean bonus gender pay gap | 24.13% |
| Median bonus gender pay gap | 21.21% |
| Percentage who receive a bonus | 6.08% |
| Percentage of males who received a bonus | 6.10% |
| Percentage of Females who received a Bonus | 6.02 |
| Male | Female | |
| Upper Quartile | 25.18% | 74.82% |
| Upper Middle Quartile | 30.22% | 69.78% |
| Lower Middle Quartile | 33.81% | 66.19% |
| Lower Quartile | 27.14% | 72.86% |