Singapore world’s most friendly place for female bankers: Survey

September 17, 201410:57 am336 views
Singapore world’s most friendly place for female bankers: Survey
Singapore world's most friendly place for female bankers: Survey

SINGAPORE: The Republic is the most female-friendly place to work in financial services, according to a survey by a financial recruitment website released on Tuesday (Sep 16).

The poll respondents were asked if they would recommend their company to a female friend, and an overwhelming 87 per cent in Singapore said yes. Australia was in second place with 83 per cent of respondents, followed by the United Kingdom and the United States with 82 per cent each.

The lowest responses came from professionals working in the Middle East (66 per cent), followed by Germany (69 per cent) and France (76 per cent).

But while Singapore scored well in terms of creating a female-friendly working environment in the financial sector, many respondents in the city-state believed more could be done in terms of equal compensation and representation at senior levels.

For example, while 89 per cent of financial services professionals believed that women are equally represented at junior levels, a much smaller 66 per cent thought women were fairly represented at senior positions.

In addition, over two-thirds, or 68 per cent, of women believed that men were paid more than women in equivalent positions, the survey showed.

The eFinancialCareers Diversity Survey polled nearly 5,000 professionals globally working in banking and finance, including 1,244 living and working in Singapore.


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