The number of people employed by the Santander Bank Polska Group under employment contracts is 12,072, of which 67% are women and 33% are men. Most of the Group’s employees work in Warsaw and other large conurbations. Less than 1% of the Group’s employees are foreigners.
Share of women at different job categories
Respect for individuality, equal treatment and anti-discrimination are guaranteed, inter alia, by the Respect and Dignity Policy and the Santander Bank Polska Group Corporate Culture Policy. The bank, as a signatory to the Diversity Charter (an international initiative supported by the European Commission) has taken on a commitment to respect and support diversity. In addition, in line with the Policy of Diversity in the Composition of the Management Board, we are committed to ensuring gender balance in the composition of the Management Board and have increased the number of women on the Management Board compared to the previous reporting period. At the end of 2023, there were 8 men and 3 women on the Management Board of Santander Bank Polska S.A.. The Supervisory Board aims to achieve a minimum of 30% women on the Management Board by 2025 and to increase diversity in terms of age and geographical background. We also promote the diversity of the members of the Management Board and the Supervisory Board in terms of experience and qualities – about half of the members of our governing bodies are foreigners.
We are still working on obtaining reliable data to show the wage gap at a consolidated level. However, we disclose unadjusted wage gap, that is the ratio of the average basic salary of women to men employed in each grade, on the bank’s level.
Unadjusted wage gap in 2023
According to another approach, the unadjusted wage gap between men and women in full-time employment remains at 52.63% in the Bank:
Gender Pay Gap
Santander Bank Polska S.A. - 52.63%
The indicator, as recommended by the WSE, compares the annual gross salaries of male and female full-time employees of the company at the end of the financial year and takes into account bonuses, awards and other allowances.
In parallel, we conduct our own analyses, where employment clusters and comparisons of similar positions are taken into account.
The wage gap adjusted in this way is 1.17% at Santander Bank Polska S.A.(down from 2% last year).
Santander’s custom indicator – Equal Gender Pay Gap* – data refers to the Bank
Santander Bank Polska S.A. - 1.17%
*Banco Santander's Group methodology: the indicator compares the remuneration of men and women in similar positions (all employed persons are divided into 'clusters'). The total EPG gap is a weighted average of the wage gaps in each cluster calculated as the difference of the average male wage and the average female wage to the average male wage. The weights for the weighted average are the sizes of the individual clusters. For 2023, the methodology has been adapted for the first time to the requirements of the EBA (Directive 2013/36).
Regarding the ratio of the remuneration of the lowest-level employees (customer service manager, relationship manager) to the national minimum wage, we note a similar level for both genders, with female employees at the lowest level of the bank earning 138% of this wage and male employees earning 142%. At other Group companies, the results are more gendered, for example, at Santander TFI S.A. we noted a difference of up to 64% between the corresponding figures.
For detailed figures, see chapter Our performance results.
