Gender gap in banking: women are the majority in the workforce and only occupy 43% of positions of responsibility

Gender gap in banking: women are the majority in the workforce and only occupy 43% of positions of responsibility
Gender gap in banking: women are the majority in the workforce and only occupy 43% of positions of responsibility

The presence of female banking workers in business positions, which include the commercial branch network, is 55%. (Illustrative Image Infobae)

The women who work in the Spanish banking occupy the 43% of the positions of responsibility although their presence in the squads is higher than that of men with 53% of the total.

This percentage rises to 55% in business positions, which includes the commercial office network, however, in central servicesfemale representation drops to Four. Five%according to the report ‘Situation of women in banking in Spain’prepared by the association Women in Banking, and which Banco Santander, CaixaBank, BBVA, Sabadell, ING, Deutsche Bank, CBNK, Citi and Société Générale have collaborated.

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.Next to the lower presence of women in management positions, also in technological ones its percentage is lower. Thus, in the areas considered STEM -the acronym in English for Science, Technology, Engineering and Mathematics- the representation of women is of the 30%and is the area with the largest gender gap.

Regarding the new incorporations of workers to financial entities, the report states that the number of people who join the central services compared to business areas and there women are again less represented, constituting 36% of the total.

The banking sector enjoys high job stability if we take into account that the 98.5% of contracts are permanent and full-time. Nevertheless, more than 80% of the part-time or temporary contracts and 78% of the leaves of absence are requested by women.

The same thing happens with the paternity or maternity leavehe 83% of women who became mothers took weeks of additional voluntary leave after the birth of their children, while only 51% of men who became fathers did so.

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As for the telecommuting, 26% of the total workforce in the banking sector has the option of teleworking, but there is a slight majority of men who do so due to the predominance of women in face-to-face customer service areas, where this flexibility is not implemented.

Mathematicians, physicists and experts in artificial intelligence and digitalization become objects of desire for banks.

The Women in Banking report concludes by emphasizing the importance of continuing to work to promote gender equality in the financial sector, because, although women are the majority, there is still certain data in conciliation, presence in STEM areas or the gap in the group of managers where participation is lower.

As positive aspects, the study highlights the fact that women experience a slight 14% increase in promotions compared to men, with an increase of 12%, and their greater representation in the extensive commercial network of Spanish banking.

 
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