As we break into summer, a lot is concentrating our minds at GBN.
UK: 57 years until women managers have equal salaries
Despite an average rise of 2.8% in women managers’ salaries in the last year, there is still an average gap of approximately £ 10 000 between them and their male counterparts. At the current rate, their pay will be equal in 57 years, according to a survey by the Chartered Management Institute.
The Equality and Human Rights Commission has identified the causes for this gap as being ‘the stereotyping of women’s capabilities and skills, women bearing the brunt of caring responsibilities, and discrimination in pay systems.’