Citigroup says it pays women 29% less than men in report that the bank's HR chief calls 'difficult'
http://www.shutterstock.com/cat.mhtml?searchterm=boardroom+woman&anyorall=all&search_source=search_form&lang=en&version=llv1&search_group=&safesearch=1&prev_sort_method=newest&sort_method=popular&page=1#id=91875845&src=7ae9cc2f7b4d5ec2a2b6a6c9b084b047-1-16
- Citigroup's female employees earn 29% less than male ones in the latest report about the pay disparity among employees.
- Women make up just 37% of senior positions between the levels of assistant VP to managing director, despite their making up about half of Citi's workforce.
- “The numbers are difficult,” said Sara Wechter, Citigroup’s global head of human resources. “We should obviously be at 100% parity, and that’s what we’re striving for.”
Citigroup says female employees make 29% less than male ones across its global workforce, and that women make up fewer senior positions. Equally damning: people of color are paid about 7% less than their white peers.
Women make up just 37% of senior positions between the levels of assistant VP to managing director, despite their making up about half of Citi's workforce.See the rest of the story at Business Insider
See Also:
- PG&E's $30 billion in potential liabilities is worrying debt holders who fear they won't be paid
- Goldman Sachs knows where all the money went, says Malaysia finance minister as country gears up for fight for stolen 1MDB billions
- JPMorgan traders are set to see higher bonuses this year after the bank killed it in equities
SEE ALSO: Goldman Sachs has a 56% gender pay gap in the UK — and 72% when bonuses are included