Citigroup's female employees earned 27% less than men did, according to a new report from the company. That's a slight improvement over the 29% gender pay gap Citigroup reported for 2018.
Globally, the investment bank's female employees earned 27% less than men did, according to a new report from the company. That's a slight improvement over the 29% gender pay gap Citigroup reported for 2018. This year's analysis also found that the median income for minority workers in the US was 6% less than the median income for non-minorities, down from 7% last year. These"raw gap" numbers are not adjusted for seniority, job title or location, Citigroup said.
When adjusted to account for job titles, seniority and location, women at Citigroup earned 1% less than their male counterparts, according to the report. Citigroup said that following a review of its global pay, it made pay adjustments as part of this year's compensation cycle according to the blog post.
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