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

My Care Hub expands to public following strong adviser support

My Care Hub expands to public following strong adviser support

Advice sector has played ‘pivotal role’ in successful rollout of care guidance platform

Jenna Brown
clock 10 September 2025 • 4 min read
CBI CEO urges Rachel Reeves to take back manifesto promise not to raise tax – report

CBI CEO urges Rachel Reeves to take back manifesto promise not to raise tax – report

Rain Newton-Smith claims ‘the time for tinkering is over’

Isabel Baxter
clock 10 September 2025 • 2 min read
'Fundamentally' different advice profession risks reputational damage from football scandal

'Fundamentally' different advice profession risks reputational damage from football scandal

High profile advice incidents like V11 ‘damaging’

Isabel Baxter
clock 09 September 2025 • 3 min read