Women are still being paid less than men
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Female managers will have to wait for as long as 57 years for their salary to match their male counterparts, reveals a new study
The Chartered Management Institute (CMI) looked at more than 43,000 managers across the UK and found that women are still earning an average £10,000 less than men.
Although the gap decreased by 2.8% in the last 12 months, the difference is still unacceptable.
Sandra Pollock, of the CMI’s Women in Management Network, said, ‘We want young women to reach the top but how can we possibly expect them to want the top jobs if, despite doing the same job as male colleagues, they will be paid less?’
The study found that the worst pay gap between men and women was in the Midlands whilst the smallest gap was in the North East of England.
A spokesman for the Equality and Human Rights Commission said, ‘Forty years after the Equality Pay Act, women can still expect to earn less than 85p for every pound that their male colleagues earn. In some sectors the pay gap is far worse.’
Research carried out by the Commission found that often the cause for the pay gap difference is that bosses are still stereotyping women’s capabilities and skills, resulting in less pay.
By Lauren King
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