Citigroup pays women 30% less than men
By Jordan Valinsky, January 16, 2019
Citigroup released a candid equal pay report showing that the median pay for female employees is nearly one-third less than it is for men.
The discovery was part of a pay equity review of Citi’s 200,000-person global workforce. It found the globally, women are paid 71% of the median that mean earn. It also said that the median pay of its US minorities is 7% less than non-minorities.
The report focused on “raw pay,” which gauges median total compensation when salaries aren’t adjusted for seniority, job title or location.
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