Key Takeaways
- In the U.S., women held 55.5% of all jobs in finance and insurance in 2023
- Women’s share of jobs in finance and insurance in the U.S. was 59.4% in 2010
- In the U.K., women represented 58.0% of the workforce in “Finance and insurance” in 2023
- In the UK, the gender pay gap in financial services was 36.2% in 2024
- In the UK, median gender pay gap for finance sector was 40.0% in 2023
- UK “Financial services and professional services” had mean gender pay gap of 37.8% in 2024
- In the U.K., 72% of employees in financial services reported experiencing stress at work
- In the U.S., the employment in finance and insurance decreased by 1.2% year-over-year in 2023 Q2
- In the U.S., job openings in finance and insurance were 140,000 in January 2024
- In 2023, 38% of organizations in financial services reported using AI for talent management
- In 2024, 45% of HR leaders in financial services expected to increase investment in HR analytics
- In the U.S., 74% of employers use some form of HR software
- In the U.S., financial institutions must comply with AML training requirements under BSA/FinCEN; FinCEN requires AML program including training
- FinCEN BSA AML program rule requires “independent testing” and “training” as part of AML program
- Under the U.K. Senior Managers and Certification Regime (SMCR), firms must provide training and ensure competence
HR in finance shows strong demand, uneven pay, and growing analytics investment.
Workforce Demographics
Workforce Demographics Interpretation
Compensation & Pay Equity
Compensation & Pay Equity Interpretation
Hiring, Turnover & Labor Market
Hiring, Turnover & Labor Market Interpretation
HR Technology & Analytics
HR Technology & Analytics Interpretation
Compliance, Safety & Training
Compliance, Safety & Training Interpretation
Organizational Culture & People Practices
Organizational Culture & People Practices Interpretation
References
- 1bls.gov/charts/women-and-men/median-earnings/women-in-finance-and-insurance.htm
- 2bls.gov/charts/women-and-men/occupation/women-in-finance-and-insurance.htm
- 5bls.gov/oes/current/naics3_522.htm
- 9bls.gov/cps/cpsaat11.htm
- 18bls.gov/ncs/ect/sp/ece.htm
- 21bls.gov/ooh/business-and-financial/financial-analysts.htm
- 22bls.gov/ooh/legal/financial-examiners.htm
- 23bls.gov/ooh/business-and-financial/budget-analysts.htm
- 24bls.gov/ooh/management/human-resources-specialists.htm
- 25bls.gov/ooh/business-and-financial/training-and-development-specialists.htm
- 26bls.gov/ooh/management/compensation-and-benefits-managers.htm
- 31bls.gov/opub/reports/womens-day-to-day-money.htm
- 34bls.gov/ooh/business-and-financial/compliance-officers.htm
- 35bls.gov/ooh/business-and-financial/financial-managers.htm
- 36bls.gov/ooh/legal/compliance-officers.htm
- 42bls.gov/ooh/management/human-resources-managers.htm
- 43bls.gov/ooh/ (invalid)
- 44bls.gov/ooh/legal/labor-relations-specialists.htm
- 45bls.gov/ooh/business-and-financial/recruiters.htm
- 46bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm
- 47bls.gov/ooh/business-and-financial/market-research-analysts.htm
- 48bls.gov/ooh/business-and-financial/management-analysts.htm
- 49bls.gov/ooh/business-and-financial/accountants-and-auditors.htm
- 50bls.gov/ooh/office-and-administrative-support/bookkeeping-accounting-and-auditing-clerks.htm
- 51bls.gov/ooh/business-and-financial/personal-financial-advisors.htm
- 52bls.gov/ooh/business-and-financial/financial-managers.htm (invalid)
- 53bls.gov/oes/current/oes131041.htm
- 66bls.gov/oes/ (invalid)
- 97bls.gov/ (invalid)
- 3ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/articles/womenslabourmarketuk/2023
- 40ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/datasets/medianweeklyearningsbyindustryandgenderuk
- 60ons.gov.uk/employmentandlabourmarket/peopleinwork/vacancies (invalid)
- 4ec.europa.eu/eurostat/statistics-explained/index.php?title=Gender_statistics_-_employment_and_earnings#Women_and_men_in_european_labour_markets
- 41ec.europa.eu/eurostat/statistics-explained/index.php?title=Earnings_statistics&oldid= (invalid)
- 6data.bls.gov/timeseries/CEU3513201
- 11data.bls.gov/timeseries/LNU04000000
- 12data.bls.gov/timeseries/LNS14000000
- 13data.bls.gov/timeseries/JTS0000001FJ
- 14data.bls.gov/timeseries/JTS0000001HS
- 15data.bls.gov/timeseries/JTS0000001SI
- 16data.bls.gov/timeseries/JTS0000001QL
- 17data.bls.gov/timeseries/JTS0000001LD
- 19data.bls.gov/timeseries/SMU35132005
- 20data.bls.gov/timeseries/SMU35132001
- 37data.bls.gov/timeseries/SMU020042 (invalid)
- 56data.bls.gov/timeseries/JTS0000001SI (invalid)
- 57data.bls.gov/timeseries/JTS0000001QL (invalid)
- 58data.bls.gov/timeseries/JTS0000001LD (invalid)
- 59data.bls.gov/timeseries/LNS14000000 (invalid)
- 64data.bls.gov/timeseries/ (invalid)
- 65data.bls.gov/timeseries/SMU35132001 (invalid)
- 96data.bls.gov/ (invalid)
- 7www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410029101
- 38www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1410034701
- 39www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1410034701 (invalid)
- 61www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410034301
- 8abs.gov.au/statistics/labour/earnings-and-work-hours/employee-earnings/latest-release
- 62abs.gov.au/statistics/labour/unemployment-and-job-search/latest-release
- 63abs.gov.au/statistics/labour/labour-force-status-and-other-labour-market-statistics/latest-release
- 10ilo.org/wemsp5/groups/public/---ed_emp/--emp_policy/documents/publication/wcms_... (invalid)
- 32ilo.org/global/research/publications/WCMS_ (invalid)
- 27gov.uk/government/statistics/gender-pay-gap-reporting-data-2024
- 28gov.uk/government/statistics/gender-pay-gap-reporting-data-2023
- 29census.gov/library/publications/2024/demo/p60-281.html
- 30dol.gov/agencies/wb/data/gender-wage-gap
- 55dol.gov/ui/data.pdf (invalid)
- 33issgovernance.com/library/ (invalid)
- 54hse.gov.uk/statistics/industry/index.htm (invalid)
- 67www2.deloitte.com/content/dam/Deloitte/uk/Documents/human-capital/deloitte-uk-ai-in-hr-survey-2023.pdf (invalid)
- 71www2.deloitte.com/us/en/pages/human-capital/articles/hcm-market-landscape.html (invalid)
- 72www2.deloitte.com/us/en/insights/focus/human-capital-trends.html (invalid)
- 68gartner.com/en/human-resources/research (invalid)
- 74gartner.com/en/human-resources (invalid)
- 69shrm.org/executive-networks/insights/trends/hr-technology-survey/ (invalid)
- 70charteredabs.org/hrtech (invalid)
- 73ibm.com/watson/ (invalid)
- 75eur-lex.europa.eu/eli/reg/2016/679/oj
- 87eur-lex.europa.eu/eli/dir/2003/88/oj
- 76ilga.gov/legislation/ilcs/documents/082000050K2.htm
- 77leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?division=3.&part=4.&chapter=1.&article= (invalid)
- 78ico.org.uk/for-organisations/uk-gdpr-guidance-and-resources/key-data-protection-topics/ (invalid)
- 79legislation.gov.uk/ukpga/2018/12/contents
- 80fincen.gov/resources/statutes-regulations/finCEN-regulations
- 81law.cornell.edu/cfr/text/31/1020.210
- 84law.cornell.edu/cfr/text/29/1904.4
- 86law.cornell.edu/uscode/text/29/660
- 82handbook.fca.org.uk/handbook/SYSC/ (invalid)
- 90handbook.fca.org.uk/handbook/TC/ (invalid)
- 83osha.gov/laws-regs/oshact/section5
- 85osha.gov/laws-regs/standardinterpretations/ (invalid)
- 88ecfr.gov/current/title-17/chapter-II/part-248
- 89ecfr.gov/current/title-16/chapter-I/subchapter-A/part-314
- 91sec.gov/rules/final/2011/34-64545.pdf
- 92justice.gov/criminal-fraud/corporate-enforcement-policy
- 93eeoc.gov/statutes/title-vii-civil-rights-act-1964
- 94eeoc.gov/statutes/equal-pay-act-1963
- 95eeoc.gov/filing-charge-discrimination
- 98gallup.com/workplace/ (invalid)
- 99coursera.org/business/ (invalid)






