AXA IM commits to 'meaningful change' as gender pay gap remains unchanged

Taking action

AXA Investment Managers has failed to improve its gender pay gap with the mean and median difference between male and female employee pay remaining stable at 29.8% and 26.9% respectively, when compared to the previous year.

AXA acknowledged it has "not seen immediate improvement" in the data over 12 months but said it was "confident" that it is taking the correct actions to create "meaningful change". It added: "The gender pay gap is a multi-faceted issue and we are focused on closing the gap in a sustainable way." Diversity blog: How online 'nudges' encourage women to invest Males in the highest earning quartile at AXA earn 11.8% more than their female counterparts, who make up just 22% of the segment, while men in the second and third quartiles earn 0.6% and 1.8% more respectively. The fourth qua...