reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.
Morgan Stanley's UK arm's gap widened to 40.8%, up from 40.5%, while Standard Chartered's gap increased to 29% from 27%. The majority of major finance firms nonetheless made progress in narrowly closing their gender pay gaps, according to their disclosures. "Organisations think and say they're doing the right thing to advance gender equality in the workplace - but when it comes to taking action ... they are failing to deliver," said Ann Francke, CEO of the Chartered Management Institute.
Where pay gaps were further broken down by ethnicity, they showed the largest pay disparities were between Black and white employees. The widest gap was Deutsche Bank's at 38.4%, though this narrowed slightly on the prior year.
My bigger concern is about HSBC practice to “investigate”private accounts in the U.K. without notice or time frame.Nothing. One day you cannot use your debit card..Your salary is out of your reach. All payments are bouncing. You don’t need a jail. Really. Investigate Westminster!
Gender pay gape is the worst joke I've ever heard. Ridiculous.
Diversity agendas promote women who aren’t ready. The go on to fail and get fired. The stats get worse.
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