Women at the FT are said to be furious after discovering they are paid on average 13 per cent less than their male colleagues.
The newspaper’s union called a meeting this week after deciding the issue was being brushed under the carpet by senior management, according to Sky News.
“The gender pay gap in FT editorial is nearly 13 per cent – the biggest shortfall in a decade – and the company’s ‘ambition’ to reach equality by 2022 is worse than the BBC’s present target of 2020,” said Steve Bird, father of the FT’s National Union of Journalists chapel, in an email to 600 staff at the organisation.
“Working for a private company where even the salaries of the editor and CEO are not disclosed does not inspire confidence in the FT’s commitment to transparency.
“And recent corporate statements seem more concerned about the commercial implications of gender bias than bringing women’s salaries into line with those of male counterparts.
“After a recent leader in the FT stated: ‘Women are right to be angry at the pay gap’, it’s time for the Financial Times to put its money where its mouth is.”
Senior women at the BBC wrote an open letter to protest at gender inequality at the corporation after it was forced to reveal that two-thirds of its highest earners were men.
Tony Hal, the BBC’s Director General, has pledged to have parity of pay by 2020, although several of the corporation’s well-known female presenters and journalists are currently renegotiating their contracts following the revelations.
The FT’s internal audit showed that 70 male members of staff earned more than £80,000, while just 20 women were paid more than that sum.
The FT said in a statement to Sky: “We take the matter of gender pay seriously and welcome the Government’s move to make all large UK companies report on the…