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13 June 2018

Treasury Committee calls for action to abolish 'alpha male' culture



The Treasury Committee has published a unanimously-agreed report calling for the reform of bonus negotiations and promotion of flexible working to abolish 'alpha-male' culture in finance and encourage the progression of women to senior levels.
The Committee’s key recommendations are:
  • Assess bonuses against clear criteria to abolish 'alpha-male' culture
  • Remove stigma of flexible working by senior men leading by example
  • Encourage firms to publish strategies for closing gender pay gaps
  • Partners and subsidiaries should not be exempt from gender pay gap reporting
  • Firms should re-examine recruitment and promotion policies to eliminate unconscious bias, which will avoid potential applicants being deterred and avoid groupthink
You can find the report and a summary here.

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