BMO GAM and Columbia Threadneedle reveal gender pay gaps

Lack of females in investment and sales divisions

Laura Dew
clock • 3 min read

BMO Global Asset Management (BMO GAM) and Columbia Threadneedle have announced their gender pay gaps of 34% and 29% respectively.

For BMO GAM, this is in line with the average gender pay gap, according to PwC, which is 34%, but the bonus figure is one of the highest seen so far at 82%. Bonueses were awarded to 90% of male employees at BMO GAM and 86% of female staff.  The firm said the bonus figure in 2017 was higher than usual due to the vesting of awards from the F&C acquisition by BMO in 2014. In a normal year, excluding exceptional payments, the bonus gap would reduce by over 5%.  Jupiter admits firm 'must do better' as it reveals 38% gender pay gap Overall 62% of the firms' employees were male and 38%...

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