trending Market Intelligence /marketintelligence/en/news-insights/trending/p57E9gf0QPNdpVotcjoLbg2 content esgSubNav
In This List

HSBC gender pay gap increases


Banking Essentials Newsletter: September Edition, Part - 2


S&P Capital IQ Pro | Unrivaled Sector Coverage


S&P Capital IQ Pro | Powering Your Edge


Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

HSBC gender pay gap increases

Female employees at HSBC Holdings PLC were paid 61% less on a mean hourly basis than their male counterparts in 2018, the biggest difference among U.K. banks, according to data published by the U.K. government.

The average pay gap in the U.K. across sectors is about 17%.

HSBC's pay gap has worsened since 2017, when it was 59%.

The latest 61% figure implies that, on a mean hourly basis, female employees at HSBC received just 39 pence for every £1 earned by male coworkers. Women's median hourly rate is 30% lower than men's.