Partner Article
Pledge to fix gender gap
The pay gap among male and female managers has widened for the first time in 11 years. Latest statistics from the Chartered Management Institute, which surveyed more than 42,000 UK managers, found women averaged £43,571 last year, while the men averaged £49,647.
The pay gap had been shrinking, down from 13.6% of earnings in 2003 to 11.8% in 2005. But, last year, it widened to 12.2% among managers of all grades - with the gap at director level widening from 20% to 23%.
A spokeswoman for the Government Equalities Office said: “The Minister for Women, Harriet Harman, has acknowledged that much more needs to be done to tackle unequal pay. Her priorities for women will include pressing forward with the Government’s commitment to reduce the pay gap between men and women. She has pointed out is that this is both unfair in principle but also prevents women from fulfilling their opportunities at work.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset