By Iain Withers and Sinead Cruise LONDON (Reuters) - HSBC <HSBA.L> is facing criticism after its latest gender pay report showed the gap between men and women's pay in its UK business widened in 2018. The gender pay gap, which measures the difference between the average hourly salary of men and women, at Britain's biggest bank grew to 61 per cent in the year to April 2018, up from 59 per cent a year earlier. The lender - which employs more than 40,000 people in Britain - had the widest gender pay gap of any large British company in 2017.. Nicky Morgan, chairman of Parliament's Treasury Select Committee, told Reuters: "As if having one of the worst gender pay gap figures in the banking sector wasn't bad enough, HSBC now appears to have taken a further step in the wrong direction... HSBC should get on with putting this right." Under UK law all businesses have to submit their gender pay gap figures annually, shining a spotlight on pay discrepancies. The average gender pay gap at … [Read more...] about HSBC criticised as UK gender pay gap widens
Uk gender pay gap reporting
With only three months to go until the next round of gender pay gap reporting, the pressure is on for many companies to find ways to show improvement on last year’s rather dismal results. One creative approach to tackling discrimination and closing the gap is currently being put to the test in New York City, in the form of a new human rights law making it illegal to ask about salary history in job interviews. The theory is that if you are consistently asked what your current salary is, any pay inequality is carried over from role to role. If instead employers discuss the market value for the role, those who took career breaks, switched industries, or may have been undervalued in a previous job get the chance to start afresh. It’s a bold step – and one that is proving popular elsewhere in the US. Massachusetts and California have recently implemented similar bans. But though welcomed by some as a step forward, how easy is it to legislate against the biases we all hold? … [Read more...] about Can we close the gender pay gap by banning questions on salary history?
0 Have your say Drinks giant Diageo has reported a widening gender pay gap in its Scottish operations, despite an improvement in the company overall. Scotland’s biggest whisky distiller, whose brands include Johnnie Walker, Smirnoff and Guinness, revealed a median pay gap of 5.4 per cent in its second annual gender pay gap report, a reduction from 8.6 per cent in the previous year.However, in Diageo Scotland, the company’s manufacturing arm, the median pay gap rose from 16.7 per cent in 2017 to a current level of 18 per cent. Diageo blamed a reduction in the number of women opting for shift allowances for unsocial hours and a trend of manufacturing roles being filled by men, but stressed that it recruited more women than men into entry roles this year.It also announced the creation of two new scholarships in partnership with Heriot-Watt University in Edinburgh, which aim to encourage more female students into Science, Technology, Engineering and … [Read more...] about Diageo Scotland’s gender pay gap widens
Shell reveals gender pay gap improved to 18.6% BelfastTelegraph.co.uk Oil giant Royal Dutch Shell has revealed that women at the company earn almost a fifth less than their male counterparts. https://www.belfasttelegraph.co.uk/business/uk-world/shell-reveals-gender-pay-gap-improved-to-18-6-37551681.html https://www.belfasttelegraph.co.uk/business/uk-world/article37551680.ece/14bf9/AUTOCROP/h342/bpanews_a45a0d30-bfe8-4a6a-860c-2f42327f240f_1 Email Oil giant Royal Dutch Shell has revealed that women at the company earn almost a fifth less than their male counterparts. The FTSE 100 listed company said that Shell UK has an average gender pay gap of 18.6% in 2018, an improvement on 22.2% last year. Shell attributed the gap to a lack of women in senior management positions and specialist and trading roles that have higher pay, as well as “over many years, relatively fewer women studying engineering at university”. In each of the Shell companies in the UK and across Shell … [Read more...] about Shell reveals gender pay gap improved to 18.6%
LONDON (Reuters) - Royal Dutch Shell's <RDSa.AS> female employees in Britain earned on average 18.6 percent less than their male colleagues in 2018, the company said in a report on Wednesday, narrowing the gender pay gap from 2017's 22.2 percent.The difference in earnings between men and women has provoked significant anger among many women in recent years and sparked a public debate in Britain over why pay is still so different for men and women.gi "We are confident that we pay men and women equally for work of equal value," the Anglo-Dutch company said in a statement. "We do have a gender pay gap ... This occurs because we have fewer women than men in senior leader positions, fewer women in specialist roles attracting higher levels of pay and, over many years, relatively fewer women studying engineering at university."As a result, the average hourly rate for Shell's female employees was lower than male employees in Britain, Shell said. (Reporting by Ron Bousso; Editing by … [Read more...] about Shell’s UK gender pay gap narrows to 19 percent