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Financial services gender pay gap : individual cases' analysis, a report for the Equality and Human Rights Commission

Equality and Human Rights Commission (Funder) (2009) Financial services gender pay gap : individual cases' analysis, a report for the Equality and Human Rights Commission. [Report]

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Abstract

Confidential case study analysis of organisations in the Financial Services Sector. A large gender pay gap between the earnings of women and men working full-time exists in financial services. Moreover this gap is wider than that within other industries in Britain. As a consequence, the Equality and Human Rights Commission (EHRC) is conducting an Inquiry into sex discrimination and the gender pay gap in the financial services sector. The focus of the Inquiry is the 1992 Standard Industrial Classification (SIC) codes 65, 66 and 67 that comprise section ‘J’ – Financial Intermediation. SIC 65 predominantly relates to banking and building societies, sub-code SIC 66 to insurance and pensions and SIC 67 to auxiliary activities. To these sub-codes was later added SIC 74 in order to capture the holding companies that operate in some cases across the financial services sector.