Legal & General narrows gender pay gap in 2022

According to the insurer, its median bonus gap also narrowed to 37.6% last year, compared to 42.1% in 2021, marking the seventh consecutive year that its gender pay gap narrowed. Last year, L&G set a goal to ensure that 40% of its senior roles would be held by women by 2025, and the company's aggregated management is now at 38%. L&G also set out plans for 40% of its group board positions to be held by women, which now sits at 42% as of 2022. However, L&G's senior management and executive committee had the lowest levels of gender diversity with 25.1% and 25% of positions held by wom...