Diversity & Equality
Finance is one of several industries where women are under-represented, particularly in more senior roles, and this is a major contributor to the gender pay gap.
There is sometimes confusion between equal pay and the gender pay gap. Equal pay is concerned with paying people equally for doing equivalent work to the same level of performance regardless of gender. The gender pay gap refers to the difference in average hourly pay between all men and all women in a workforce. A gender pay gap typically results from an imbalance in the workforce, such as having more men than women in senior roles.
We are confident that all employees are paid fairly and equally where men and women are performing the same work to the same standard, but there is further work to be done to increase the number of women working in financial services, and increasing the representation of women at senior levels.
The most recent Gender Pay Gap Report can be found here.
To further evidence the firm's commitment to increase the representation of women, we have joined a growing list of signatories to the Women in Finance Charter. The Women in Finance Charter is a commitment by the HM Treasury and signatory firms to work together to build a more balanced and fair financial services industry. The Charter requires accountability, the setting of internal targets, linking pay of senior executives to the delivery against these targets and publishing progress annually against these targets on our website.
Daiwa Capital Markets Europe Limited is committed to achieving a 30% representation of women in senior level roles and a 40% representation across the firm, by 31 October 2023.