Commission’s report into the financial sector reveals women at the top have among the highest pay gaps

A new Commission report reveals significant gender pay gaps in the finance sector of up to 60 percent.

The findings also show that amongst the highest earners, the gender pay gap for full time hourly gross earnings is 45 percent, while women working full-time in the lowest paid roles in the sector receive on average 16 percent less in hourly gross pay than their male colleagues.

Women working full time in areas including fund management, stock broking and futures trading (within the subsector termed 'auxiliary activities') suffer the largest pay gap in the financial services sector, earning on average 60 percent less annual gross salary than men - a pay gap more than twice the national average.

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