Tuesday, August 25, 2015

Hello To Our Age Old Friend: ‘The Gender Pay Gap’

It seems somewhat ironic that in the same day where we are reading all about Calvin Harris, the world’s top ten highest paid DJ’s and the tens of millions of pounds they will take home this year (Forbes Electronic Cash Kings 2015), we are still having that same age old debate around women and the gender pay gap.
A new survey today carried out by the Chartered Management Institute and the pay analysts XPertHR, reveals that Female managers in the UK earn 22% less than their male counterparts and “work for free” for nearly two hours a day.

According to the survey of more than 72,000 managers in the UK, the difference in pay equates to one hour and 40 minutes of unpaid labour a day by women, or 57 working days a year.

The gender pay gap across management professions now stands at £8,524, with male earnings averaging £39,136 compared with £30, 612 for female managers, according to the survey.

Image taken from The Telegraph 

The current government ensure us that new rules forcing companies with more than 250 workers to disclose the pay gap in their workplaces are coming. But here at The Women’s Organisation we still don’t believe that this is enough. 

Maggie O’Carroll, CEO of The Women’s Organisation say’s ‘These statistics come as no surprise but it is still outrageous and companies need to have a penalty imposed – because this is the only way it will change their behavior!’.

The Women’s Organisation is an award-winning social enterprise, which has been operating on Merseyside and in Manchester since 1996.  Based at 54 St James Street in the Baltic Triangle area of the city, The Women’s Organisation is the UK’s largest female enterprise agency providing a range of services focused on supporting women to start and develop small and medium-sized enterprises.

To find out more about the help and support available for women from The Women’s Organisation call 0151 706 8111 or email hello@thewo.org.uk.  Alternatively visit the web site at www.thewomensorganisation.org.uk

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