Huge gender pay gap in City

Posted by Lucie Mitchell in Pay & benefits on Mon, 07/09/2009 - 14:09
  • Women working in the City receive 80% less in bonus payments than men, according to a new report
  • The report was carried out by the Equality and Human Rights Commission

Women working in the UK’s financial sector receive around 80% less in performance-related pay than men, according to the Equality and Human Rights Commission.

The commission’s Finance Sector Inquiry found that women employees earned an average of £2,875 in bonuses, compared to an average of £14,554 for men. The inquiry included a survey of 50 companies employing 22.6% of workers in the sector.

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