Women in finance expect lower bonuses than men

Women working in financial services in London have much lower expectations for their annual bonuses than their male colleagues, a survey has found.

According to Reuters, women surveyed by recruitment firm Astbury Marsden expected to receive a bonus of just over £16,000 ($24,340), or 21% of their salary this year, while men anticipated bonuses of £33,000 or 34%.

“The reality is that the sectors where there is a high reward culture are still male-dominated with women often making up a larger proportion of the non-commission earning side of businesses such as HR or marketing,” said Adam Jackson, managing director at Astbury Marsden.