Openwork and Sesame top-paid less than two-fifths women

Deadline now passed to publish data

Victoria McKeever
clock • 2 min read

Less than two-fifths of the highest paid employees at financial advice businesses Openwork and Sesame Bankhall Group are women - 35% and 38% respectively - gender pay gap data has revealed.

Women made up two-fifths (41%) of Openwork's upper middle quartile, according to gender pay gap figures published on the gov.uk website. This went up to around three-fifths for the firm's lower middle quartile and lower quartile - 59% and 56% respectively. On an hourly basis, women were on average paid nearly two-fifths (37%) less than men. While more women received bonuses than men - 79% versus 74% - they were paid more than two-thirds less on average. An Openwork spokesperson said: "Openwork is confident that this gap does not stem from paying men and women differently for equiva...

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 Companies

Evelyn Partners reports 'elevated' outflows as volatility hits clients

Evelyn Partners reports 'elevated' outflows as volatility hits clients

Net flows remain positive at £345m

Isabel Baxter
clock 08 May 2025 • 2 min read
SJP complaints skyrocket as CMCs target clients

SJP complaints skyrocket as CMCs target clients

Ahead of historic advice review

Isabel Baxter
clock 07 May 2025 • 3 min read
M&A-hungry My Pension Expert enters £25m refinancing deal

M&A-hungry My Pension Expert enters £25m refinancing deal

Follows Tenet&You buy last year

Jen Frost
clock 29 April 2025 • 2 min read