UK Gender Pay Gap Shows Little Sign of Closing
07 October 2015
The findings of an annual survey of 72,000 UK managers published by the Chartered Management Institute (CMI) and salary specialist XpertHR reveal that women working in equivalent full-time roles earn 22% less than men, essentially meaning that they are unpaid for 1 hour and 40 minutes a day.
For men and women of all ages and in all professional roles, the gender pay gap now stands at £8,524, with men earning an average of £39,136 and women earning £30,612. In 2014, the pay gap was at £9,069, or 23%. It also became clear that the pay gap becomes wider as women grow older. Women aged 26-35 are paid 6% less than their male colleagues, increasing to 20% for women aged 36-45. This rises to 35% for women aged 46-60, equivalent to working 681 hours for free compared to their male counterparts. For women and men in their 60s, the pay gap expands to 38%.
The government has pledged to reduce this pay gap within a generation, but it is also the responsibility of employers to not discriminate based on the gender of their employees.