Succession reveals bonus pay more than four-fifths lower for women

Just 9% of women paid a bonus

Victoria McKeever
clock • 3 min read

Succession Group has revealed women received on average more than four-fifths (86%) less in bonus pay than men.

Just under a tenth (9%) of women were paid bonuses, compared with a fifth (20%) of men, according to figures published on the gov.uk website.  Men made up seven in 10 (70%) of Succession's top-paid employees and more than half (54%) of its upper middle quartile. The two lower-paid quartiles were, however, majority female - 68% and 66% respectively. As a result, women were paid on average around four-fifths (42%) less than men on an hourly basis.  Succession chief executive James Stevenson (pictured) said: "We are committed to equality, diversity and inclusion. Our gender pay gap is...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Friday Night Takeaway: It's the return of the banks

Friday Night Takeaway: It's the return of the banks

The news editor's Friday Night Takeaway from 10 July

Isabel Baxter
clock 10 July 2026 • 3 min read
Carla Brown on PFS/CII relationship reset and how chartered status is 'essential'

Carla Brown on PFS/CII relationship reset and how chartered status is 'essential'

PFS president and chair joins Professional Adviser in the studio

Professional Adviser
clock 10 July 2026 • 1 min read
FCA spotlights vulnerability in latest Consumer Duty review

FCA spotlights vulnerability in latest Consumer Duty review

Treatment of vulnerable clients still an area of improvement for firms

Sophia Panayi
clock 10 July 2026 • 2 min read