AMERICAN BANKER: BankThink Big banks need to stop tinkering with gender pay-gap data

By Natasha Lamb, October 8, 2019

Most large banks are scared to share companywide wage data with investors, especially if it reveals the true extent of global gender pay inequity.

Bankers worry that double-digit pay gaps will drive negative headlines, opening a Pandora’s box to shareholder measures that seek to level the playing field for women, particularly at the upper echelons.

But the risk of inaction is far greater than the risk of sitting still.

For one, investors expect an honest accounting of the problem. That is, how money flows according to gender and race within companies, and how that inequity impacts diversity goals. Investors are voting their shares to make that intention known.

Click here to read the full story.

Ready to engage?

we'd love to chat

SEND US A MESSAGE OR SIGN UP FOR OUR NEWSLETTER

Contact Form
Your privacy is important to us. We never sell or share your information.
Sending
Find us on social media