Unlocking Britain's Potential –  A major event for senior decision makers ready to unlock the potential of their workforce.  21st February 2011

Women in financial services jobs ‘hit hard’ by recession

Women in financial services jobs have been hit harder by the recession, it has been suggested.

India Gary-Martin, president of the City Women’s Network, believes that women in such jobs have faced difficulty juggling work and family matters at a time when businesses are struggling with the effects of the economic downturn.

Ms Gary-Martin highlighted the challenges facing women who may be asked – or even expected – to commit to lengthier hours at work, despite having to also look after their children.

She said: "When the economic environment requires companies to tighten their belts, longer hours and less flexibility often ensue which can be very challenging for women with families."

However, while Ms Gary-Martin suggests that British women have it tough, they could well be better off than their European counterparts.

Research from Citrix reveals that UK businesses are typically faster to adopt mobile working practices than French or German ones.

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