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Women still under-represented in the boardroom, report claims

April 5, 2021, 12:04 am
Employment firm Fox & Partners said its study found there were 7,552 women out of 50,639 senior management jobs in the sector (Victoria Jones/PA)
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Women make up only about one in seven of senior management roles at financial services firms, new research has suggested.
Employment firm Fox & Partners said its study found there were 7,552 women out of 50,639 senior management jobs in the sector.
Progress has been made in hiring more women to non-executive roles in financial services firms but there is “significant” work to do in appointing women to better-paid, senior executive positions, said the report. ....

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Women still under-represented in the boardroom, report claims

Women still under-represented in the boardroom, report claims
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Robert in Lockdown - Thursday March 11

Robert in Lockdown - Thursday March 11
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Female finance directors earn 66% less than male counterparts

Female finance directors earn 66% less than male counterparts
By
Rebekah Commane
2
nd March 2021
8:29 am
Female directors in the UK FTSE top 350 firms earn 66 per cent less on average than their male counterparts, according to a study on gender pay disparity in financial services.
The report conducted by law firm Fox and Partners found average pay for female directors at FTSE 350 firms stands at £247,100, considerably below the average of £722,300 for their male counterparts.
The research shows 86 per cent of these female directors are in non-executive roles which tend to be lower paid compared to executive roles, and have less day-to-day responsibility. Only 15 per cent of female directors are in executive roles. ....

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Women earning two-thirds less than men in top finance roles – report

Female directors in financial services firms receive 66% less than males, with many in non-executive roles<br> ....

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