2019 France Professional Equality Index for Men and Women

Our Commitment to Diversity & Inclusion

At JPMorgan Chase, we know that our success is directly linked to our people and culture, and to our fostering inclusive and diverse environments everywhere we operate. We are committed to attracting, retaining and developing strong, diverse talent at all levels of the firm ― this includes a commitment to gender diversity. Women represent approximately 50% of our current global workforce and 50% of our firm's Operating Committee.

While we have made progress in increasing women’s representation at all levels, there’s still more work to do. Working with our managers and leaders, we will continue to engage, develop and empower women, and expand opportunities for growth.

France Professional Equality Index for Men and Women

In accordance with French Law number 2019-15 of 8 January 2019, aimed at eliminating the pay gap between women and men, J.P. Morgan is required to publish its professional equality index for men and women by 1 March 2020.

The professional equality index for men and women is measured using four indicators set by the regulation:

  • Pay gap between male and female average remuneration
  • Difference in rate of pay increases between women and men
  • Percentage of employees who returned from maternity leave and benefited from an increase upon return
  • Number of employees of the underrepresented sex among the 10 employees who received the highest remuneration

Our score of 82 out of 100 points* reflects our continuing commitment to increase women’s representation at all levels. In partnership with each of our lines of business, we will continue to drive change and focus on our diversity strategy.

Advancing Women is a Key Priority

As a major employer across the globe, JPMorgan Chase is committed to strengthening our diverse and inclusive culture and providing easily accessible resources to employees at all levels. Throughout 2018 and 2019, we have had programmes at the Paris, regional and global level designed to assist our employees in their professional and personal development. Key highlights include:

  • The Paris launch of Women on the Move Interactive Network in March 2018, with the aim of engaging employees in Paris in the dialogue linked to promoting, retaining and empowering women. Key achievements in the last year have included the launch of Men As Allies, which brings together executive allies to discuss how we can advance, retain and develop women at the firm; celebrations for Women’s History Month and International Women’s Day; Wellness events and the launch of the 2020 Mentoring programme.
  • The roll-out of global initiatives focused on promoting a culture of respect and inclusion, such as our “Culture of Respect” campaign which emphasized the importance of speaking up.
  • Continued training focused on Board Readiness and specific skills sessions for female employees.
  • The participation of managers and leaders in unconscious bias and inclusion training.
  • The launch of anti-harassment training for all employees in support of maintaining a harassment free workplace.

Firm management has long focused on the empowerment and advancement of women employees, and JPMorgan Chase is taking a disciplined and regionally tailored approach to help us make further progress.

*This result is calculated for the reference period 1 March 2018 to 28 February 2019 and for the in-scope legal entities, J.P. Morgan Securities Plc Paris Branch and JPMorgan Chase Bank N.A. Paris Branch, forming the Economic and Social Unit (Unité Economique et Sociale).

 

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