By Amelia Gentleman
28 February 2018
A badly designed and painfully clunky page hidden away on the Government Equalities Office website is beginning to grab the attention of women all over the country. If you work for a company that employs more than 250 people and you haven’t looked at the site yet, set aside some time and prepare for your eyeballs to spring from their sockets.
The government’s gender pay gap reporting website opens up for scrutiny the hidden power dynamics inside all mid-sized to large organisations, revealing pay differences between male and female staff, and the proportion of women in the best- and the worst-paid roles. With a month to go before the deadline for reporting, the site is already having an explosive impact on how women view their employers.
Last week, a female senior manager at Barclays investment bank in London opened the site, searched for her own company and discovered that women’s median hourly rate is 43.5% lower than male colleagues and that women’s bonuses are 73.3% lower. It was an unpleasant sensation, confirming in black and white something that she had long suspected. Perhaps most revealingly, the website also divides organisations into four groups according to the amount staff are paid – the best-paid quartile, the second best, the third best and the worst quartile. At Barclays, 81% of the best-paid employees are men; 63% of the worst paid are women.
“Sadly, I wasn’t shocked,” the woman, who has asked not to be named, says. At 29, she is paid very well but is conscious of younger male colleagues advancing faster through the ranks. The pay gap data has crystallised her desire to quit. “Junior women are feeling very dispirited and upset. The figures made me feel that this organisation isn’t the right place for me, that it won’t let me achieve my potential.”
Read the full article in The Guardian.