Halo reports on gender equality

 

The need for a diverse pool of talent from varied backgrounds, countries, ethnicities and genders has never been greater, according to the latest report ‘Gender Equality – Getting Women into Finance in 2020’ from foreign currency experts, Halo Financial (www.halofinancial.com).

With geopolitical risks, like Brexit, are putting pressure on companies to attract and retain the best globally mobile and home grown talent, particularly women, the report found that only one in four of those who reach a senior position in the UK finance industry is a woman.

The increase of women in the sector has been more of a trickle than a flood as the percentage of women working in senior positions increased by only 1.5% in the last two years.

“There’s clearly a way to go,” says Halo Financial.  “Women have been stealthily creeping up the career ladder in finance, but the prevalence of women in senior roles peters out in senior management roles.  With only 12% of CEOs in US finance companies being women, there is clearly a lot more work to be done in order to foster more gender equality.”

Amid the current surge of campaigns and popular support for gender equality and speaking up about inappropriate behaviour, giving women equal rights and fair representation in the workplace has never seemed more relevant.