Skip to content
Home » Analysis-Women in UK finance earn a third less than male colleagues, data shows

Analysis-Women in UK finance earn a third less than male colleagues, data shows

    Some of Britain's top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies reviewed by Reuters shows, even though they say they are striving to hire more females for higher-paid, senior roles. Banks, asset managers and insurers across the UK have committed to narrowing long-standing gender pay gaps, which they largely attribute to there being more men in top jobs that come with generous bonuses, while a greater proportion of women are in lower-paid, part-time or junior jobs, with smaller bonuses or none at all. The gap for the top financial services firms has narrowed by two percentage points from a year ago, according to Reuters calculations based on the salary data, but remains far higher than the mean average for all industries in Britain which was 10.7% last year, based on a UK government survey.

    Read full NASCAR article on Yahoo Sports

    Read all NASCAR articles