Banking 'worst' for gender pay differences

Banking is the worst sector for pay differences between men and women, it has been claimed.

President of the British Association of Women Entrepreneurs (BAWE) Tatjana Hine explained that banking is a 'very male dominated sector'.

She indicated that she expected differences between pay to improve following the most recent financial crisis, but also suggested that women are sometimes not able to make the same commitments as their male counterparts.

Ms Hine explained: 'Men possibly will be quite happy to work until midnight and the women will have other commitments.

'It's a lot of long hours, and a play hard, work hard sector. Again obviously women are not always able to do that.'

She was commenting on a new Equality and Human Rights Commission report, which indicated that women employees earn 80 per cent less in bank bonuses than men on average.

The report also found that there is an annual basic pay gap of 39 per cent between men and women.