The Bank Of Ireland has recently reported that there has been a slight decrease in the gap between the pay received by their male and female employees. However, the bank is still working to reach a 50:50 balance for its workers. Currently, the bank of Ireland is reporting a gender pay gap of 23.8% across all their departs, which is a 0.4% improvement from the last year. The bank has stated that a large proportion of this comes from the under-payment of their female employees at senior levels and junior grades.
The system that the Bank of Ireland uses to calculate the pay-gap difference is by working out the average pay of all women in the company and comparing then to the average pay of all the men in the company. The Bank of Ireland is currently introducing more flexible ways of working with all employees, as well as pulling career development and leadership programs for their female employees.
It was reported last year that nearly 41% of all senior appointments in 2020 were female, which is an improvement from …