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Employment ComplianceOct 29, 202611:40 (PT)

California Civil Rights Department analysis finds finance sector has state's biggest gender pay gap

Key points

  • CRD says finance and insurance has the state's largest gender pay gap
  • Women in finance earn 64 cents per dollar earned by men in the industry overall
  • Compared with white men, the figure is 53 cents
  • California's overall gender pay gap is among the smallest nationally

California's Civil Rights Department (CRD) released a new analysis of pay and demographic data on October 29, identifying finance and insurance as the industry with the state's largest gender pay gap. The analysis shows women in finance earn 64 cents for every dollar earned by men in the industry overall, and 53 cents compared with white men. The report also says California still has among the smallest overall gender pay gaps in the nation.

Original report: Civil Rights Department (.gov) ↗Edited with AI assistance. Facts are based on official sources and original reports. For information only; not legal, immigration or insurance advice.