Trust boards have more equal pay than FTSE 100

Women treated more fairly

Women on the boards of trusts that are part of the FTSE 100 fair better than the average when it comes to comparable pay, with two out of the three paying women more, according to analysis from Investment Week.

Last month a report from New Street Consulting revealed that female directors on FTSE100 boards earn a startling 73% less on average than their male peers. Three investment trusts sit within the FTSE 100: Scottish Mortgage, 3i, and Pershing Square Holdings. Considering the pay of directors of these trusts that worked a full term according to the latest annual reports, men earned an average of £168,000 while women earned £122,000. However, Scottish Mortgage and Pershing Square both have female chairs which has led to their numbers bucking the trend. On the board of the £21.4bn Sc...