Gender pay gap in Germany unchanged 21 percent

Goldman Sachs moves to plug 55% pay gap

It says Google pays most of the men and women who work for the Internet giant around the globe 89% equally.

Men at Goldman Sachs earn more than twice the average hourly pay of women at the U.S. investment bank's British business and take home much bigger bonuses, in the latest example of pay disparity in the City. HSBC Bank is the largest employing entity in the UK.

"If we identify any pay differences between men and women in similar roles, which can not be explained by reasons such as performance/behaviour rating or experience, we make appropriate adjustments", Elaine Arden added.

As with much of financial services, the most noticeable differences come from structural issues around the roles women are employed in. Women make up more than half of HSBC's United Kingdom workforce (54%) yet less than a quarter of its senior roles (23%).

Over half of HSBC's workforce (54%) in the United Kingdom is female.

Secondly, HSBC's analysis shows a further gender imbalance in junior roles, which tends to attract lower pay.

The median gap, which takes the mid-point when all wage rates are lined up from the biggest to smallest as a way to reduce the impact of one-off outliers, remained steady at 29%.

Kevin Knox Leads Kentucky Past Davidson in 2018 NCAA Tournament
On the offensive end of the floor, Davidson will need to spread the floor and move the ball quickly to get open shots. Despite the streak ending, winning the game was the ultimate goal for the Cats, and they accomplished that mission.

Earlier, Barclays' bank had revealed that it pays women 48 per cent less on average than men, while RBS and Lloyds disclosed gaps of 37 and 33 per cent respectively.

JLT said it is undertaking a number of actions and initiatives to promote gender equality, including continuing to broaden the talent pool to ensure that an equal number of males and females are attracted to apply and requiring the best female candidates on every candidate list for senior recruitment.

Group chief executive John Flint has signed up to the 30% Club campaign with an aspirational target for 30% of senior leadership roles to be filled by women by 2020.

It is also focusing on developing female talent to strengthen the leadership pipeline, for example with a gender-balanced intake of graduate talent in the United Kingdom and balanced representation in talent development programmes for high potential employees.

It has also expanded opportunities for mentoring for women in well-paid global banking and markets roles and said it was encouraging flexible working and shared parental leave.

Google declared "We will continue to focus on fairness in all of our people processes and want Google to be a great place for everyone to work".

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