Citigroup Shrinks Gender Wage Gap a Smidge, to 26% From 27%
- Female employees make 26% less than the bank’s male workers
- Bank is one of the few to break out more detailed statistics
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Citigroup Inc., one of the few companies to offer a frank assessment of the difference in wages it pays to men and women, has made gradual progress toward narrowing that gap.
Female employees now make 26% less than male employees do, an improvement from 27% a year ago, according to Sara Wechter, the head of human resources. Among the bank’s U.S. workforce, minorities still earn 6% less than non-minorities, similar to last year’s level.