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PPF pledges action to address ethnic minority pay and bonus gaps Getty Images/iStockphoto The Pension Protection Fund, London, pledged to increase the number of senior managers from Black and other ethnic minority backgrounds to help close gaps in average pay compared to white employees. The £36 billion ($49.8 billion) pension fund said that an average 23% difference in pay was attributable to fewer Black and ethnic minority in senior roles than white executives. The fund, which pays pension benefits to participants whose U.K. employers have become insolvent, said 16% of its senior staff are from Black or ethnic minority backgrounds. Our ethnicity report highlights that there is clearly a problem we need to fix. In a step towards addressing this, we ve set targets for ethnicity representation, which ensure we hold ourselves accountable to improving race equality, particularly in senior level roles, Katherine Easter, chief people officer, said in a news release accompanying the

City ofUnited kingdomKatherine easterPension protection fundWork charterFinance charterநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்க்யாதரிந் ஈஸ்டர்ஓய்வூதியம் ப்ரொடெக்ஶந் நிதிவேலை சாசனம்நிதி சாசனம்