According to a piece by Financial Times, JPMorgan has not closed the gender pay gap in their organization. Women employed JPMorgan in the UK earn approximately 26% less than men.
Julia Meazzo, the head of Human Resources at JP Morgan comments. “We have more work to do, not only to increase women’s representation at all levels, but to advance more women into management and leadership positions across the firm. The business is accountable for driving progress and investing in employees’ growth and is committed to expanding advancement opportunities for women.”
As women continue to create their path and take on leadership roles, institutions like JP Morgan have to prioritize this issue. Organizations across the finical sector are seeing the impact of this closing gap and more women in leadership.
The question becomes: is the future of finance female? Click here to read our thoughts.