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‘Old boys’ club’ is alive and kicking
The ever-present ‘old boys’ club’ and male domination at senior levels are both seen as major factors for male accountants being offered better progression opportunities in 2016 than their female colleagues.
New research from the AAT found that the experience of men and women in the profession varies drastically in terms of pay, progression and prejudice.
So while 60% of men think men and women are treated equally, when it comes to opportunity and remuneration this is the ‘experience’ of just 43% women.
A real concern to the AAT is the suggestion that the gender pay gap may be opening up rather than closing. In its most recent survey, men working full-time were earning 18% more than women, an increase on previous years, with the gap widening to 23% at senior levels.
Nearly two-thirds of women at senior levels told researchers they had experienced discrimination at work because of their gender.
AAT’s chief HR officer, Olivia Hill, felt that this new research shows that men are much less aware of issues relating to gender inequality simply because they aren’t as exposed to it. To help champion positive progress Hill explained that the AAT is launching a white paper to explore the reasons behind inequality issues in the finance sector.
To access the white paper, which is called ‘Making the finance sector add up for women’, go to www.aat.org.uk/news
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