Gender pay gap persists at brokerages as women earn 66 percent of men's pay

Female employees in the securities industry earned only about 66 percent of what their male counterparts made, data showed Sunday, though the gap has narrowed slightly in recent years. According to reports disclosed by the Financial Supervisory Service, the average first-half salary per employee at Korea's top 10 securities firms was 103.5 million won ($70,408). Meritz Securities topped the list with an average of 131.4 million won, followed by Korea Investment & Securities at 129 million won and Daishin Securities at 121 million won. However, women, who make up 43.6 percent of all employees, continued to earn significantly less than men. The average first-half salary for female employees was 80.1 million won, just 66.4 percent of the 120.7 million won earned by their male counterparts. At Meritz Securities, where average pay was highest, the gender gap was even wider. Female employees earned only 51.5 percent of what male employees made, with an average of 77.28 million won. Despite this, women at the firm had longer average tenures — 7.4 years compared to 6.2 years for men. Data showeWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times