The finance sector is sexist!!!! Attention

I agree it's ridiculous, but you continue to listen to statistics that are formed by doing this.

There exists nobody that is paid less for the same job. If there is, you must report it to an authority because it's illegal, so can you please do that thanks.

We are not talking about chance here (e.g. coin tossing), we are talking about society.

The wage gap reporting is not based on people disclosing their salaries and therefore at a risk of them making it up. It is based on pay roll data from individual companies, so would be pretty accurate.

It is designed to look at like-for-like jobs within organisations and to see if there are trends to suggest there are wage discrepancies. It would factor in things you have suggested (like holiday/maternity and paternity leave/contracted working hours) to identify where there are wage discrepancies.

you also have to consider the fact that comapanies may be less likely to employ women due to the fact they're probably going to have a baby, go on maternity leave etc etc thus increase costs for the business, whereas males dont have babies and although they might go on maternity/paternity leave, they are far less likely to and thus more realiable

Maybe in organisations where cultural sensitivity and experience was very important, but in those cases the persons background will directly affect their job performance so its still down to suitability for the job. I'm talking about situations where a persons gender/race/orientation would have no specific advantages. Eg. If a software engineering company has a majority of male workers and they are looking to employ someone, should they hire a woman even if she was less qualified, just to make a diversity quota?

Yes that is true, indirectly cause pregnant ladies to only be able to seek part-time jobs, and get paid lesser!

We are not talking about chance here (e.g. coin tossing), we are talking about society.

The wage gap reporting is not based on people disclosing their salaries and therefore at a risk of them making it up. It is based on pay roll data from individual companies, so would be pretty accurate.

It is designed to look at like-for-like jobs within organisations and to see if there are trends to suggest there are wage discrepancies. It would factor in things you have suggested (like holiday/maternity and paternity leave/contracted working hours) to identify where there are wage discrepancies.

Although shared paternity leave now means that isn't exclusive to women at all.

Whenever we mention wage discrimination does exist in the current world, they always bring in ' it is illegal, please report it, there is no sign it exists but please can you report it?' They don't want to believe the facts so there is no ways we can help them jerks.

You have got to be the most deluded person on this forum.

I do hope you're on tumblr, makes it much easier when everyone with this high level of ignorance is on the same platform, makes it easier to ignore them when they're grouped up.

Well:
1) Client representation
2) Cultural assimilation for foreign markets
3) Diversity of thought/mitigation of group think; if everyone had the same cookie cutter background growing up they'd think in similar ways
etc.
etc.
etc..


You seem to equate female with being less qualified? Competition is still present to get into your so called 'quota' bracket, the implication that because someone is female they are therefore less qualified is false. It's no different to two dudes being presented on paper with the exact same qualifications and experience, but one happens to have done something out with their job suitability (e.g. they visited the office to meet up with their potential interviewers
), that tips the scale - they're both equally qualified but luck played in the other dude's fate.

Girls can be equally qualified but have the slight glimmer of luck involved in being underrepresented.



Posted from TSR Mobile

I have seen nothing requiring companies to legally have a quota for diversity?

Regardless, this is a separate topic, the route does not necessarily need to be related to quotas.

Lets go the whole hog and say they make a scheme for women, muslims, LGBT, minorities, jews...any others? We're at 5 at the moment. Assuming 1% of their hires come through this process that is a whopping 5% of their staff are hired through this route...while they will still continue to hire 70-80% white men via their normal routes. I'm really not seeing the problem, and I say this as a white man.

I am perfectly confident in my ability to succeed and get a job and do not need to feel threatened by what is ultimately a positive initiative.

Incidentally, I would be dead set against, say, a 40% quota as you will get people being hired for their gender rather than their ability. On the other hand, if you believe that the top 1% of 50% of the population are getting a "free ride" then that is rather ridiculous really.

I think its only small businesses that see it as an issue. Given how many organisations provide enhanced maternity leave packages, they clearly value women as much as they do men and actively pursue financial remuneration packages that mean they might recruit and retain women (and men) whether they have children or not.

Hi
i'm a male and feel quite offended. I have been browsing sites of many of the major finance companies, such as JP Morgan or PwC , and have seen a recurring trend. I am truly disgusted. I have seen many 'women in business' schemes which allow women to apply for less competitive internships, as males are unable to attend. I will not stop campaigning for equality in the workspace until i see some 'male in business schemes'

Honestly, i feel its quite despicable, that in the 21st century, i have been discriminated against. As a male i should be able to attend a 'male in business' internship.

rant over!

Lol what if someone says that they are a transgender? Would they get in?

Both females and males are involved in the normal selection process. It is not that Pwc/JP only has schemes for females. There are different duties and roles that they have to commit during the internship, read what the schemes are about before screaming here that every female you met in your life get better pay/better educated than you do. And if this only happens to you, I am sure there is no reason you should turn your guns to female as a population, do some self-reflection, work hard and study hard.