Equal Pay at ABN AMRO: gender pay gap is shrinking

Today, on Equal Pay Day, we published the results of our annual equal pay research. Read on to learn more.

• Women and men at ABN AMRO doing the same job or working at the same job level under the collective labour agreement (CLA) receive equal pay.

• The difference has been close to 0 percent for years, and at the moment it works out at 25 euros gross per month more for men. At times, the difference has favoured women. In other words, men and women employed by the bank earn the same for the same work.

• Women are still underrepresented in higher salary scales. To remedy this, the bank actively promotes the advancement of women to higher salary scales.

• In January 2022, ABN AMRO switched to a stricter remuneration policy for positions above the CLA. This new system works well: the pay difference between men and women at the top has dropped from 13 percentage points in 2022 to 5 percentage points today. If we then take into account factors such as experience, the difference is 2 percentage points.

• We promote diversity at all job levels in various ways. We’re looking closely at the processes around job applications, such as how to formulate job requirements in vacancy texts. Currently, we are also researching the obstacles young parents face in balancing work and family, and what we as an employer can do to alleviate these.

CHRO Suzanne van Niekerk: "I am proud to see that we are doing really well in terms of equal pay. This issue is important to me personally – as the mother of two daughters, I hope for a future where equality, in the broadest sense of the word, is the norm in the workplace. For my own daughters and for all other young women. Although we are not there yet, these results give me inspiration to continue our work on promoting an inclusive and fair society."

Curious to see the full study?

• You can read it here.

• Here you can read more about what ABN AMRO is doing to close the pay gap, both within and outside the bank.