Newly released figures from 2017 reveal it has the widest gender pay gap of any UK bank , at 61 % compared with last year ’s 59 % . HSBC said in its report that the pay gap was “driven by a number of structural issues” across its workforce, including the fact that fewer women are in leadership positions, which come with bigger salaries. 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 60 % , yet account for 23 % of its senior roles . It 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 2017 reveal it has the widest gender pay gap of any UK bank , at 61 % compared with last year ’s 59 % . 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 60 % , yet account for 23 % of its senior roles . It 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 .