A central location for articles, data and research relevant to women working in the banking and finance industry.

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Closing the gender pay gap: actions for employers

Toolkit for employers, with actions they can take to close the gender pay gap in their workplace.

Source: GOV.UK


Pay Gap

Lessons in banking with a purpose from the ancient world

Leadership and a clear view of risk powered the longevity of one early institution.

Source: Financial Times


Banking and Finance

Mind the gender pay gap

THE UK is one of the few countries to require employers with over 250 employees to disclose their gender pay gap data. New regulations came into force in April 2017, and 10,527 employers have now submitted their figures. They offer some useful lessons in how to make pay more equal for men and women. Read more at The Business Times.

Source: The Business Times


Pay Gap

The Mommy Effect: Do Women Anticipate the Employment Effects of Motherhood?

After decades of convergence, the gender gap in employment outcomes has recently plateaued in many rich countries, despite the fact that women have increased their investment in human capital over this period. We propose a hypothesis to reconcile these two trends: that when they are making key human capital decisions, women in modern cohorts underestimate the impact of motherhood on their future labor supply. Using an event-study framework, we show substantial and persistent employment effects of motherhood in U.K. and U.S. data.

Source: NBER



Inclusion and Diversity in Tech: The Levers of ChangeWOMEN IN BUSINESS AND FINANCE

Earlier this year, Women in Banking and Finance and Lloyds Banking Group hosted a hackathon to mobilise change for women in the workplace. Over 300 women and manbassadors from across the tech, finance, banking and charity sectors joined forces to hack key issues hampering gender equality and fairness of opportunity. This first paper focuses on imposter syndrome.

Source: Women in Banking & Finance


Women’s Advancement: Still Being Denied | Korn Ferry

August 15, 2018 - Almost half of women surveyed tell Korn Ferry they’ve been denied advancement because of their gender. Their advice to overcome the problem is surprising.

Source: Korn Ferry



Actions to close the gap - GOV.UK

The ‘What Works’ document gives employers practical advice on the kind of action they can take to close the gender pay gap. It is based on evidence showing the impact of interventions already implemented by businesses internationally. Actions are divided into three categories: those with strong evidence of effectiveness, those that are promising and those where more evidence is required to demonstrate their effectiveness.

Reporting the gender pay gap is just the first step, and what is most important is that employers now take action to close it. The ‘What Works’ guidance will help employers identify the actions that are most likely to help them do this.

The document is part of the Government Equalities Office’s collaboration with the Behavioural Insights Team, known as the GABI programme. The programme aims to build the evidence base on the most effective actions that employers can take to reduce their gender pay gaps.

Source: Actions to close the gap


Pay Gap

Do Women’s Networking Events Move the Needle on Equality?

Within one year, attendees of a conference for women were twice as likely to be promoted.

Source: Harvard Business Review


Personal Development

The slow path to the top: the careers of women in finance and accounting

The research traces macro-movements in the career trajectories of men and women in finance and accounting. This includes identifying the dimensions of work that either enable or impede the advancement of their respective careers – finding that men and women follow distinct patterns of ascension within the sector.

Source: The slow path to the top


Banking and Finance

APPG for Entrepreneurship: Women in Leadership

The UK needs more early-stage businesses achieving longer-term survival and scale. Supporting female entrepreneurs is not just about increasing the number of women-owned businesses: it is about raising their performance and growth potential. Not only will this lead to more established SMEs contributing more to economic growth, but they could also serve as inspiration to young girls.

Source: http://appgentrepreneurship.org/research/



Banks will reap gender diversity dividend if they invest in appointing more women into senior roles says The Pipeline report

Women Count is the third annual report by The Pipeline, that tracks and analyses the number of women on Executive Committees of FTSE 350 companies. The report found

Source: Banks will reap gender diversity dividend if they invest in appointing more women into senior roles says The Pipeline report


Banking and Finance

Report on ‘Leading the way: the HM Treasury Women in Finance Charter’ - New Financial

Analysis of the first wave of submissions to the Women in Finance Charter

Source: New Financial


Women in Finance Charter