Finance industry accused of anti-women discrimination by own workforce

The financial services industry has been accused by its own workforce of discriminating against women and failing to deliver on family-friendly employment practices.

A survey of 2,500 finance professionals was conducted by recruitment specialists Robert Half Finance & Accounting and Accountancy Age magazine.

It found that a third of employees did not believe their workplace was family friendly, with 47 per cent saying no firm policy on flexible working existed.

More than a third believed the finance profession discriminated against working mothers, with 41 per cent supporting the Government’s proposed increase in paid maternity leave to a year.

However, two-thirds of women who opposed the extension did so because they feared it would encourage discrimination against them.

‘Career sexism’ in the finance industry also showed no signs of declining, with women continuing to be paid an average of 22 per cent less than men.

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