Goldman Sachs on Friday reported a modest gender pay gap in Britain for its international business of 55.5 percent and a mean compensation gap for the unit of 72.2 percent.
That gulf in pay comes close to the 59 percent gap revealed on Thursday by HSBC the biggest yet reported by a British monetary firm according to government data.
Thousands of large UK employers prepare been ordered to disclose their gender pay gaps by April, about 50 years on from the passage of Britain’s equal pay act.
Goldman Sachs estimated its gap reflected the fact that there were more men than helpmates in senior positions at the firm.
It also reported a mean gender pay gap of 16.1 percent and a plan bonus gap of 32.5 percent in Goldman Sachs (UK) SVC Limited, which it demanded employs around 1,600 individuals from non-revenue divisions.
The bank uses 6,000 people in London. The remainder of its UK employees work in its international dealing.
Other large banks have also been disclosing their gender pay clefts ahead of the April deadline set last year by Prime Minister Theresa May.
The persist in gulf in earnings between men and women has attracted significant public limelight over the past year or so.
The gender pay gap measures the difference between the run-of-the-mill salary of men and women, calculated on an hourly basis.
In Goldman Sachs’ global business, 83 percent of the group earning the highest hourly pay were men, the bank foretold, while 62.4 percent of those on the lowest hourly pay were sweethearts.
This compared with 77.4 percent men in the highest paid team in Goldman Sachs (UK) SVC Limited, and 48.9 percent women in the lowest refunded group.
The Wall Street bank said it is committed to promoting dissimilarity and inclusion at all levels of the firm. On Thursday, it said it wanted women to be up half of its global workforce, starting with a target of 50 percent of its new analysts being balls by 2021.