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

SJP complaints spike in H1 but wealth manager reports recent 'material decrease'

SJP complaints spike in H1 but wealth manager reports recent 'material decrease'

Latest FOS data shows there were 1,426 complaints in H1 2025

Isabel Baxter
clock 30 October 2025 • 5 min read
Continuum's Brown on why advisers miss the 'true secret to growth'

Continuum's Brown on why advisers miss the 'true secret to growth'

Advice boss on 2024 results and the importance of ‘exceptional’ service

Isabel Baxter
clock 27 October 2025 • 4 min read
Hoxton Wealth snaps up £140m Manchester-based advice firm

Hoxton Wealth snaps up £140m Manchester-based advice firm

Acquisition part of strategy to boost North of England presence

Isabel Baxter
clock 27 October 2025 • 2 min read