Citigroup Offers Blunt Assessment of Its Gender Pay Gap

The video discusses the gender pay gap at Citigroup, highlighting that men predominantly hold top positions. Citigroup has released raw pay gap data to promote transparency and address this issue. The video also touches on the UK's role in mandating pay gap disclosures and the challenges of diversity, particularly the underrepresentation of black executives. Citigroup has set targets to improve gender and racial diversity in leadership roles.

What does the raw, unadjusted pay gap number primarily indicate?

• The overall profitability of a company

• The number of employees in a company

• The average salary of all employees

• Who holds the highest-paid positions in a company

Why did Citigroup decide to release their pay gap data publicly?

• To comply with government regulations

• To attract more investors

• To increase their market share

• To demonstrate their commitment to transparency

Which country initiated the practice of releasing pay gap data?

• Canada

• United Kingdom

• Germany

• United States

What percentage of executives and senior managers are black, according to the transcript?

• 3.6%

• 1.8%

• 10.4%

• 5.2%

What are Citigroup's targets for black employees in head jobs by 2021?

• 8% black employees

• 10% black employees

• 12% black employees

• 5% black employees