CII reveals 24% industry average gender pay gap
Professional body calls for action to reduce the gender pay gap in the insurance sector.
The Chartered Insurance Institute (CII) has urged employers to take action in reducing the sector’s gender pay gap.
The CII stated it has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24% (measured as median hourly difference).
Breaking down the overall numbers by subsector the professional body found that the gap is too great and will be working with
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