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London
November 21, 2024
PI Global Investments
Finance

Female leaders in finance earn 30% less than male peers


Women working in senior finance roles are still earning almost 30 per cent less than their male counterparts, a bigger gender pay gap than every other profession other than wall-tilers.

Figures from the Office for National Statistics (ONS) show that the average hourly wage for female financial managers and directors is £11.71 less than it is for their male counterparts.

In the past five years the gender pay gap in the finance industry has only fallen by 2.2 percentage points to 28 per cent and is more than three times the average across all professions.

Meanwhile, the gender pay gap in other industries has fallen or diminished — in the advertising industry it fell from 20 per cent in 2019 to 7.5 per cent this



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