HSBC Can Afford to Pay Women and Men Equally
HSBC is a huge bank that has had a vast wage gap for years. In the U.K. units of the bank, women's bonus checks are, on average, 70% less than their male counterparts' and this is considered an improvement from last year's figures. Last year, the gap in bonus checks was 85% and before that it was even worse. While it is good that there was some improvement in HSBC's policies, there is still a lot of work to be done. Women earn, on average, about 55% less than men in their annual compensation and then, when bonus checks come in, they earn 70% less. Frankly, it's disrespectful. These statistics are ridiculous and HSBC needs to be held accountable for them.
Ask HSBC to eliminate their wage gap faster and start giving women the respect they deserve.
Read more here: https://www.bloomberg.com/news/articles/2019-06-13/hsbc-women-in-u-k-are-paid-bonuses-nearly-70-below-male-staff