Standard Life Aberdeen reveals gender pay gap of up to 42%

Bonuses were 70% higher for men

Standard Life Aberdeen has committed to a 'gender diversity action plan' after a 42% gender pay gap was revealed in its Standard Life business and 34% at Aberdeen.

In its full-year results today, the firm said its senior female representation was 27%, but said it has increased its targets for gender diversity to 33% of the board and executive committee.  As of April 2017, prior to the merger, men were paid 34% on average more than women at Aberdeen and 42% more at Standard Life Group. The figure was even higher when considering bonuses, at both firms men received a 70% higher bonus than women.  FTSE Russell launches gender diversity indices The firm said the reason for this was there were more men than women in senior roles. Looking at ...