Women in Finance Charter
The FRC became a signatory to Women in Finance Charter in 2018 and this is the first year that we provided an annual update on the pledges and commitments we made. We have made some progress. On our board, women make up 30% (up from 20% last year) but still under our target of 33%. For senior managers (ExCo and Pay Band 1) we have achieved 40% representation.
We have taken a range of measures to increase the numbers of women at a senior level at the FRC. We have published our gender pay gap report and plan
which includes a review of our recruitment practices; introduced a diversity performance objective for our most senior leaders; appointed a board member with responsibility for diversity and inclusion and all employees including ExCo and Board members have completed unconscious bias training and we have conducted an independent review of pay which included a review of the pay of men and women in similar or same roles to ensure that we addressed any underlying matters and take action. Wherever possible we offer the opportunity for flexible working.