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Reading: Salary information for city positions should be startling due to documented misogyny and assault.
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Baner Club > Blog > Business > Salary information for city positions should be startling due to documented misogyny and assault.
Business

Salary information for city positions should be startling due to documented misogyny and assault.

An influential group of Members of Parliament has expressed concern that efforts to address sexism in the City of London "are moving at a snail's pace" and have called on the government to enact legislation requiring pay scales to be disclosed in job advertisements and prohibiting employers from requesting work histories.

Last updated: 2024/03/08 at 9:42 AM
Published March 8, 2024
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The Treasury Committee’s report on sexism in the City and the financial services business that thrives there detailed a long list of shortcomings, including the “shocking” extent of misogyny, sexual harassment, assault, and bullying, as well as “an era of impunity”.

It also suggested prohibiting the use of non-disclosure agreements (NDAs) in sexual harassment cases and enhancing rights for whistleblowers who report sexual harassment.

According to the research, these agreements, which require the victim to pledge to confidentiality, are used to conceal abuse and gender-based discrimination while the offenders go unpunished.

It was stated that the company’s human resources (HR) personnel prioritize the business’s reputation over the welfare of its employees, making the methods for handling complaints insufficient.

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