Making strong progress on our gender pay gap

Young female Babcock employee in shipyard

Photos for Oxford Economics Report

Committed to fostering an inclusive workplace where everyone has an equal opportunity to thrive, we’re proud to share that Babcock’s gender pay gap has decreased again this year — with our median gender pay gap now at 5.9%, down from 6.7% in 2023.

Well below the UK national average of 13.1%, this figure reflects the work we’re doing to build a more inclusive and balanced workplace and our ongoing efforts towards gender parity.

As an international defence company, our workforce has traditionally been male dominated. However, we’re beginning to see significant changes with women now making up:

  • 19.5% of our workforce (up from 18% last year)
  • 30% of our Senior Leadership Team (up from 23%)
  • and 40% of our Board (up from 38%)

While we acknowledge our progress, we know there’s more to do. Addressing the gender pay gap requires a long-term strategy, and we’ve got a clear plan in place to keep momentum going.

We’re driving gender balance through a data-driven approach, continuously monitoring progress and identifying key areas for action. Through mentoring and development, inclusive policies and support, and a range of Employee Networks, we ensure our initiatives create a meaningful, lasting impact.

 Some of our actions include:

  • Our Illuminate women’s development programme which empowers our women to achieve professional goals through innovative approaches, a supportive environment and a skilled mentor
  • Co-sponsorship of Women in Defence Critical Mass Summit – a collaboration that underscores our commitment to improving gender balance and providing equitable opportunities for women to succeed in the defence sector
  • Improved inclusive leave policies and maternity returner support to focus on wellbeing and life balance and support the diverse needs of our people in the moments that matter
  • A target of 30% women across our workforce by 2030, now built into our company-wide KPIs

We believe that being an inclusive employer makes us a better business, enabling everyone who works for us to fully contribute, and helping us attract and retain diverse talent.

We remain committed to the gender pay gap and building a workplace where everyone, regardless of gender, can thrive and achieve their full potential.

Download our Gender Pay Gap Report 2024.

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