Not only have women been hit hard by the job recession, now UK women may not live to see the pay gap close, unless they can hold on for 57 more years.
Forty years after the Equal Pay Act passed, the gender pay gap still ordains that career female managers will not receive the same wages as their male counterparts.
Furthermore, more jobs for women are consistently becoming redundant, according to the research conducted by The Chartered Management Institute.
Petra Wilton, CMI’s Policy Head, said: “Girls born this year will face the probability of working for around 40 years in the shadow of unequal job pay.”
“The prospect of continued decades of pay inequality cannot be allowed to become reality. We want to see the government take greater steps to enforce pay equality by monitoring organisations more closely and naming and shaming those who fail to pay male and female staff fairly.”
The female manager’s job wages have slightly increased since 2010, 2.8% to be precise, with the average wage for a male supervisor is currently at 2.3%. However, male managers make approximately £10,030 more than a female in the same career.
The findings came from more than 43,000 male and female supervisors from almost 200 organisations. It showed male job pay far outstrips a woman’s wage by 24% at the senior recruitment level.
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