Goldman Sachs is set to report that the gap between what it pays men and women has widened to its highest level in six years within its UK operations. As reported by the Financial Times, citing a person familiar with the matter, the mean hourly pay difference at Goldman Sachs International rose to 54 per cent in 2023, up from 53.2 per cent in 2022.
The pay difference is primarily driven by the low presence of women in the bank’s highest-ranking positions. While this is common in investment banks, it is a matter to which Goldman has previously stated its commitment to improving.
