1. Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

    Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

    (Reuters) - Citigroup Inc ( C.N ) will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. Citi said it had conducted a survey in the three countries, where it found that women and minorities are paid slightly less than men and non-minorities, respectively...

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    1. Women are paid on average 99 percent of what men are paid and minorities are paid on average 99 percent of what non-minorities are paid.
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