Live updates

Advertisement

Advertisement

Gender pay gap in the City

Women's bonuses could be half of what men receive in the City of London. Credit: Anthony Devlin/PA

Women working in the City expect to receive a bonus that's half of what is being paid to their male colleagues according to a new report. Recruitment firm Astbury Marsden found that female staff are anticipating payments of around £16,240 compared to £32,800 for men.

The gap is predicted to be even wider at senior levels, with female directors and other executives expecting an average bonus of £25,800, almost half of the £50,300 expected by their male counterparts.

The managing director of Astbury Marsden said this could be down to men filling the commission earning jobs: "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.

"Trading floors for example, have a reputation for being largely a male environment and many women can be put off from applying to these types of roles."

DLR workers to vote over strike action

DLR workers will vote over strike action Credit: PA

Docklands Light Railway workers are to be balloted over strike action due to disputes over pay and conditions. Members of the Rail, Maritime and Transport union will vote in the coming weeks, with a result expected on May 12.

There are two separate disputes involving this year's pay deal for directly employed staff and another row over wages for employees at the facilities company Interserve.

RMT general secretary Mick Cash said: "Our reps are in no doubt that we need to send a clear message to management that staff are prepared to fight to demand decent rewards and recognition, a safe working environment, decent working conditions and will not be forced into accepting inferior pay arrangements."

Load more updates