Our latest research reinforces the link between diversity and company financial performance—and suggests how organizations can craft better inclusion strategies for a competitive edge.
Women in Financial Services 2020: A Panoramic Approach
The financial services industry is finally making progress on gender balance in the workforce. Mindsets are shifting and, as a result of hard work and commitment, progress is beginning to be reflected in the numbers.
Does Pay Transparency Close the Gender Wage Gap?
The high-level results of this research show that when respondents agree that pay is transparent in their organization, the gender wage gap vanishes for women doing similar jobs to men when all
compensable factors are adjusted. Analysis of the gender wage gap by industry and occupation largely
follows the same trend. However, there are a few notable exceptions where pay does not quite equalize, mostly in industries with a larger gender wage gap to overcome or in occupations that are significantly
male dominated.
