Sex discrimination and financial services: all is forgiven?
Madarassey, Mezzoterro, Villalba: there was a time when the papers were full of reports of women with six-figure salaries taking on their employers in tribunal. Whether they won or lost, their claims painted a depressing picture of life for women working in financial services. From enduring sexist remarks to being despatched on the return from maternity leave, their claims suggested that women could progress only so far, putting up with the banter for a time until they found themselves side-lined, deprived of lucrative accounts and lined up for the next downsizing exercise.
Ten years since the Mezzoterro case, it looks like matters may have improved. All the banks have a raft of well-publicised diversity initiatives, including flexible working policies, enhanced maternity leave, women’s networks, women’s champions and programmes to encourage women to return to work after a career break. These developments run in parallel with a wider European-driven focus on promoting women to senior positions and addressing the gender pay gap.
Sex discrimination claims are also declining. There were 26,900 sex discrimination complaints in 2007–08 compared with only 18,818 in 2012–13. These numbers have dropped even further since the introduction of tribunal fees with 6,310 cases from April to June 2013, 5310 from July to September 2013 and only 980 cases from October to December 2013…
Click on the link below to read the rest of the Addleshaw Goddard briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Addleshaw Goddard
News from The Lawyer
Briefings from Addleshaw Goddard
Addleshaw Goddard looks back at the key legislative developments for 2014.
Addleshaw Goddard gives an overview of future legislative developements for the coming year.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?