Quilter's median gender pay gap has remained close to levels reported last year of 35% as the firm acknowledges "more needs to be done" to address income inequality.
The firm reported some success with its mean gender pay gap falling four percentage points, from April 2017 to 35% as at April 2018, and its median bonus gap falling two percentage points from 41% to 29% over the same period. What did this investment firm do to eradicate its gender pay gap? Just 0.5 percentage points more women received a bonus than at the same time last year, rising to 85.6%, while 84.8% of men received a bonus compared to 83.3% in 2017. Within first quartile earners, 28% of women received a bonus compared to 25% the year before, while the second quartile saw a fa...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
