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The industry where women work 99 days for free - and why salaries are only part of the problem

The Independent·Lori Campbell·about 1 month ago
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Women in financial services are earning around 30 per cent less than men, according to new research - effectively working 99 days of the year for free. Data from eFinancialCareers’ latest Compensation Report found women in finance earned around £104,000 on average in 2025, compared with £135,000 for men in the UK. It highlights a significant gap even at higher salary levels. Crucially, though, the pay gap is only part of a far greater issue, as the consequences stretch far beyond salaries . In a sector where bonuses can make up a significant share of total pay, disparities often run deeper than base wages initially suggest. The result is not just lower monthly income, but a widening gap in savings, pensions and long-term financial security . Why the gap is bigger than it looks The structure of pay in financial services is a key driver. While salaries are relatively visible, bonuses are often less transparent and more unevenly distributed.…

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