Asset managers have made chunky improvements in narrowing their gender pay gaps this year, however, the suspension of mandatory reporting due to the Covid-19 global pandemic has left gaps in the diversity statistics.
According to analysis of government figures by Investment Week's sister title Professional Pensions, asset management companies working with institutional pension scheme clients improved their gender pay gaps by an average 2.6 percentage points during the past 12 months. Diversity Debates: 'Young people, particularly diverse talent, can't be themselves at work' While the figures do not disclose whether men and women are paid different rates for the same job, they are often indicative of gender equality in the upper tiers of an organisation. Legislation introduced in April 2017 req...
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