A hundred years to gender pay parity?

A hundred years to gender pay parity?

Responding to a survey by the Chartered Management Institute (CMI*) that said the pay gap between men and women in the private sector was getting wider and could take a century to close.

Michael Slade, Managing Director of employment law specialist Bibby Consulting & Support, said: “It would be sad news indeed if the pay gap was getting wider because businesses should always choose the best person for the job, regardless of their gender, and it clearly isn’t the case that women doing a job aren’t worth as much as men doing the same job. Women are not less well qualified, less well capable, less intelligent or less flexible than men, so if they are in the same roles they should receive the same pay.” However, Slade pointed out that the CMI survey found that, overall, male executives’ pay increased by just 2.3 per cent last year compared with 2.8 per cent for females, while women in junior executive positions were paid around £602 more than their male counterparts, so the pay gap there was the other way around. Looking behind the headline figures, he said: “What tends to happen is that many women in lower executive positions take a career break, so when they come back to work they have missed a couple of years of pay increases and career development opportunities. This could also explain why there are fewer women in boardrooms because men who don’t take breaks will continue up the scale to senior executive positions.

“Also, more women tend to work in senior human resources (HR) positions because there is no glass ceiling there but these are not as well paid as similar posts in finance, marketing and IT – so it often isn’t about a pay gap between men and women but pay differences between sectors or business functions where men and women tend to work. “This means that both male and female executives in HR could be earning less than men and women in identical positions in finance or marketing. But because there are more senior roles in HR for women it can look like a significant pay differential when the overall figures are looked at.”

* The CMI survey looked at 34,158 executives in the UK and found that between 2010/11 the overall pay gap between men and women had widened to £10,546, compared with £10,031 the previous year.

Read more

Latest News

Read More

How HR can fix the credibility deficit

22 November 2024

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

University of Oxford – Nuffield Department of MedicineSalary: £27,838 to £31,459 per annum (pro rata). This is inclusive of a pensionable Oxford University Weighting of

JOB TITLE: Hotel Manager – FTC 12 months – January 2025 start LOCATION; North West England SALARY: Around £45,000 per year plus performance-based bonus, rewards,

We are seeking a dynamic and driven Human Resources Officer to become a key player in The Welbeck Team In this exciting role, you’ll invent

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE