Gender pay gap: Time to pay attention

Next month, all UK employers with more than 250 workers must disclose the gender pay gaps for both salary and bonus.

gender-pay-illo-160x186

Several UK banks have already released their numbers which are both unsurprising and grim. 

At Barclays UK, which includes retail banking, consumer credit cards and corporate credit cards, men were paid an average 14.2% more than women, while at Barclays International the difference was 43.5%. 

Lloyds Bank reports a 42.7% median gender pay gap without subsidiaries Cheltenham & Gloucester and HBOS, and a 32.8% gap with them. RBS has reported a pay gap of 36.5%. 

The figures for bonuses are even more scandalous: bonuses for women were 78.7%

Thanks for your interest in Euromoney!
To unlock this article: