Equal Pay in the City
We believe that forthcoming small changes in the law are going to have a profound effect on private sector employers’ attitudes to equal pay and that the impact of these changes will be most dramatic in the City of London.
Recent studies claim that women working in the City are paid 33% less than men on average. Why is the gap still so large in the City when the pay of women in other sectors of the economy has got much closer to that of men?
Bonuses make up a large proportion of compensation in the City. Banks admit that their culture has to change and are trying to address this. But changing culture takes time. Bonuses are largely discretionary and are largely decided by men. Even if there is a will to change, eliminating unconscious bias is difficult.
Although men will continue to dominate the trading floors and the top echelons of most banks for the foreseeable future, we believe that the changes in the law we are about to see will force through equal pay in the City.
If you would like to know more about why we believe this or how we think it will affect you, please get in touch.
Acted for a client who was subjected to sex discrimination and was victimised when complained about it.
Advised on race discrimination at work and on industrial injury that was intentionally inflicted on our client.
Advised client who was sexually harassed at work and suffered distress and anxiety as the result of it. Negotiated on the client’s behalf compensation with the former employer and secured a settlement.
We have a wide range of experience of dealing with discrimination in all its forms through litigation and by resolving disputes.
We are also experts in developing and training people in the UK and abroad and can design bespoke training to meet most needs.
We are used to dealing with the media and handling high-profile cases at all levels.
We have a good track record of successful outcomes for clients.
Our team is focused on building a relationship and understanding our clients.
Gender Pay Gap and Equal Pay