HSBC , the UK ’s largest bank, has revealed that its male staff are paid, on average, over two-thirds times more per hour than female employees in the largest gender pay gap yet reported by a leading UK business. The bank’s mean average pay gap last year is less than 25% , up from 29% last year . The company’s gender pay report also disclosed that less than 25% of the bank’s most senior staff are female. Women occupy over two-thirds of junior roles. The median gap, which uses the mid-point of wages to eliminate outliers, remained at less than 25% .
HSBC, the UK’s largest bank, has revealed that its male staff are paid, on average, two and a half times more per hour than female employees in the largest gender pay gap yet reported by a leading UK business. The bank’s mean average pay gap this year is 60%, up from 59% last year. The company’s gender pay report also disclosed that less than 25% of the bank’s most senior staff are female. Women occupy over two-thirds of junior roles. The median gap, which uses the mid-point of wages to eliminate outliers, remained at 29%.