A finance firm has urged the financial services sector to introduce compulsory flexible working hours.
Moreover, Sturgeon Ventures says mandatory flextime would help working mums and open the floodgates for flexible working women in finance.
This morning, the FCA pledged to have 45% of its senior leadership be women by 2020.
Additionally, it will rise to 50% by 2025.
Moreover, 60 firms have committed to at least 30% of women in senior roles by 2021.
This includes 15 banks and 13 leading insurers.
Additionally, they employ over 375,000 people in the UK.
Seonaid Mackenzie, managing partner at Sturgeon, said there are many flexible working women in finance who could re-enter the industry.
But they can’t because of the insurmountable difficulties of juggling family care with inflexible nine to five hours.
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Article: Compulsory flextime is a must to attract women into finance
