Newly released figures from HSBC reveal it has the widest gender pay gap of any UK bank, at 61% compared with last year ’s 61% . The figures mean that for every £1 ($ 1.3 ) earned by a male employee of HSBC , female workers earn 39p . Its median pay gap also grew from 29% to 30%. Female employees make up more than half of the bank’s workforce, at 61% , yet account for 54% of its senior roles. Lloyds cited structural issues as the reason behind the discrepancy, including the smaller number of women in leadership positions and the fact that the majority of its part-time staff are female.
Newly released figures from HSBC reveal it has the widest gender pay gap of any UK bank, at 61% compared with last year ’s 61% . The figures mean that for every £1 ($ 1.3 ) earned by a male employee of HSBC , female workers earn 39p . Female employees make up more than half of the bank’s workforce, at 61% , yet account for 54% of its senior roles. Lloyds cited structural issues as the reason behind the discrepancy, including the smaller number of women in leadership positions and the fact that the majority of its part-time staff are female.