Jupiter admits firm 'must do better' as it reveals 38% gender pay gap

The average hourly pay gap at the asset manager was 38% while it rose to 84% for bonus pay.  Jupiter said this was 'slightly above the indicative average' of 34% for the financial services industry, based on data from PwC, and was skewed by the number of highly-paid male fund managers and sales employees. Earlier this month, advice firm Tenet Group published gender pay gap figures, revealing fewer women in senior positions and as a result, average lower hourly pay. When the fund management and sales divisions were removed from Jupiter's data, the salary pay gap fell to 12% and the ...