Partner Article
Pay gap will not narrow for 100 years
It is set to take almost 100 years before male and female managers are paid the same, according to a recent study.
The BBC reports that women in managerial positions are paid an average £31,895 in comparison with a man in the same position, who earns £42,441.
This news may come as a surprise to some, as women’s pay rose more than men’s in 2011, and female junior managers now earn more their main counterparts.
The survey was conducted by CMI, and a representative from the Institute has accused businesses of “contributing to the persistent gender pay gap by alienating top female employees.”
The CMI is now calling for the government to scrutinise organisational pay, request more transparency on pay bandings, and expose organisations guilty of fuelling the pay gap.
This news comes after a report earlier in the year called for businesses to increase the number of women on their boards by 2015 or face government measures.
While the results of this report have so far been encouraging, the author of the report Lord Davies of Abersoch believes “there is more work to be done”.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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