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Virgin Money Boss Outraged by Firms Adjusting Gender Pay Data

  • Firms ‘try to avoid reporting the truth’ by excluding partners
  • Less than 1,300 of 9,000 larger cos. have revealed pay gaps
RF office
Source: visualspace/iStockphoto
Updated on

Virgin Money boss Jayne-Anne Ghadia said it’s “outrageous” that some law and accountancy firms exclude their highest-paid partners when disclosing gender imbalances in staff pay.

Companies including law firm Linklaters LLP and accountants EY have revealed gender pay gaps that are markedly lower than the handful of banks to have reported data. But that’s partly because the firms class their top-earning partners as owners rather than employees, allowing them to be kept out of the figures.