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Gender Gap In Pay Persists Despite Younger Women Managers Making More Than Men in Similar Jobs

by Tanya Thomas on  September 4, 2011 at 7:42 PM General Health News   - G J E 4
A survey has revealed that young women managers are now earning more than their male rivals.

It found that their average salary was 21,969 pounds a year, 600 pounds more than a man could expect at the same level.
 Gender Gap In Pay Persists Despite Younger Women Managers Making More Than Men in Similar Jobs
Gender Gap In Pay Persists Despite Younger Women Managers Making More Than Men in Similar Jobs
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But the report from the Chartered Management Institute said that across all age groups women executives are still paid 25 per cent less than men.

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The findings, based on a survey of 34,000 managers, back up evidence from official statistics that the traditional gender pay gap has gone into reverse among the young.

These show that last year a woman manager in her 20s working full-time earned 2.1 per cent more than a man in the same age group.

The closing of the gender pay gap follows more than a decade of greater educational achievement by girls than boys and a view among some employers that they are more ambitious and efficient.

The institute also found salaries for women went up by 2.4 per cent in the year to February, compared with 2.1 per cent for men, and that men and women are being made redundant at the same rate.

"While CMI is delighted that junior female executives have caught up with males at the same level, this year's salary survey demonstrates, yet again, that businesses are contributing to the persistent gender pay gap and alienating top female employees by continuing to pay men and women unequally," the Daily Mail quoted CMI director of policy and research Petra Wilton as saying.

Source: ANI
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