Breaking News
Investing Pro 0
💎 Reveal Undervalued Stocks Hiding in Any Market Get Started

Shell UK gender pay gap widens slightly in 2019

Stock Markets Nov 20, 2019 06:52AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
SHEL
+0.08%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Ron Bousso

LONDON (Reuters) - Royal Dutch Shell's gender pay gap in Britain edged higher in 2019 following the acquisition of a utility company, with women earning on average 18.7% less than men.

This year's figure, which compares to 18.6% in 2018, comes after Shell (LON:RDSa) UK incorporated around 1,000 employees from First Utility which it had acquired in March, Shell said in a report.

Excluding First Utility, which was re-branded Shell Energy, the pay gap would have narrowed to 15.1%.

Gender gap pay is defined as the difference in the average pay and bonuses of all men and women across an organization.

"We have made good progress in building an inclusive and diverse workplace, and we have increased the proportion of women in senior leadership positions," Sinead Lynch, Shell UK Country Chair, said in a statement.

"However, we still have further to go and will continue to work to close the gender pay gap across all parts of the business."

The oil and gas sector has traditionally had a much higher ratio of men to women. In April 2019, Shell employed more than 6,000 employees in Britain, of whom two-thirds are men.

Shell said its UK gender pay gap stems from having fewer women in senior leadership positions as well as in specialist roles attracting higher levels of pay such as trading.

"Our gender pay gap also reflects wider societal issues such as relatively fewer women studying science, technology, engineering and mathematics subjects at university," Shell said in a statement.

Shell UK said it had achieved its ambition to reach 30% women in senior leadership positions by 2020 which it aims to increase to 35% by 2025.

(GRAPHIC: Shell 2019 gender pay gap - https://fingfx.thomsonreuters.com/gfx/ce/7/7448/7430/Pasted%20Image.jpg )

Shell UK gender pay gap widens slightly in 2019
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email