What did this investment firm do to eradicate its gender pay gap?

Removal of unconscious bias

Investment consultancy Redington has revealed a number of initiatives it carried out to close its gender pay gap within a year, moving from 21.6% to 0.2%.

From April 2018, it became compulsory for firms with more than 250 employees to disclose their gender pay gap and financial services was revealed to have the highest pay gap of any sector.   The industry average of 26.2%, although some asset managers this year revealed pay gaps as high as 49%. To move its gender pay gap from 21.6% to 0.2% Redington made several changes including launching a return to work programme, widening its recruitment pool and hiring school leavers and graduates with non-financial themed degrees.  The return to work programme, launched in partnership with The...