Advice firm Tenet Group was among financial services businesses to have published gender pay gap figures, revealing fewer women in senior positions and as a result, average lower hourly pay.
According to figures published on the gov.uk website, women made up just less than a third (32%) of Tenet's top quartile employees and about half (49%) of its upper middle quartile employees. Meanwhile, two-thirds (66%) of its lower-middle quartile employees and nearly three-quarters (72%) of the firm's lower quartile were female. Average hourly pay for women at Tenet was more than a quarter (28%) lower than men. Bonus pay was around a tenth (11%) lower for women at Tenet, yet a similar number of women and men received bonuses - 85% and 87% respectively. According to the Tenet Grou...
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