Banks slow to disclose median gender pay gaps

PAY ­EQUITY: Citizens Financial Group, parent of Citizens Bank, said, “We continuously evaluate our practices and make adjustments to ensure all of our colleagues are compensated equitably.”
 / BLOOMBERG 
FILE PHOTO/SCOTT EISEN
PAY ­EQUITY: Citizens Financial Group, parent of Citizens Bank, said, “We continuously evaluate our practices and make adjustments to ensure all of our colleagues are compensated equitably.”
 / BLOOMBERG 
FILE PHOTO/SCOTT EISEN
Banks are being asked to reveal their “median gender pay gaps,” which measure the overall difference between what they pay men and women. Through shareholder resolutions, investment firms such as Arjuna Capital have been pressing large banks and corporations in the United States to disclose such information. So far, the only bank to do so…

Subscriber Only

Subscribe with Providence Business News to keep reading.

Get unlimited access now for $1 for 4 weeks

Subscribe now for $1
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -