Women managers work for free – Chartered Management Institute and XpertHR analysis

Women managers are effectively giving employers two hours’ free work every day, according to a survey of 72,000 UK managers conducted by the Chartered Management Institute (CMI) and XpertHR. Women working in equivalent full-time roles earn 22% less than men, meaning they are unpaid for an average one hour and 40 minutes every day.

The overall gender pay gap (for men and women of all ages and in all professional roles) stands at £8,524 a year, with men earning an average of £39,136 and women £30,612. This gap rises to £14,943 for senior and director-level roles, where men earn £138,699 on average compared to £123,756 for women. Older women lose out particularly, as the gender pay gap widens to 35% for those aged 46-60.

Ann Francke, chief executive of CMI, said:

‘Working for free two hours a day is unacceptable. While some progress is being made, it’s clear from our research that Lord Davies is right to target the executive pipeline. Having more women in senior executive roles will pave the way for others and ensure they’re paid the same as their male colleagues at every stage of their careers.’
The gender pay gap figures are based on an analysis of the ‘2015 National Management Salary Survey’, published by Chartered Management Institute and XpertHR in June 2015. For more information visit: http://www.managers.org.uk/mindthepaygap