Women work 57 days ‘for free’ com­pared with men

CityPress - - News -

Fe­male em­ploy­ees spend 57 days of a year in ef­fect work­ing for free be­cause of the pay dif­fer­ence be­tween men and women.

A sur­vey in Bri­tain has found that fe­male man­agers get paid on av­er­age £8 524 (R172 000) less a year than their male coun­ter­parts on the same level.

The sur­vey found fe­male man­agers worked for “noth­ing” for 100 min­utes of each day be­cause of the dis­par­i­ties in pay be­tween men and women. This was equiv­a­lent to a woman do­ing un­paid work for an hour and 40 min­utes a day, or 57 days a year.

The In­de­pen­dent re­ports that the pay gap widens even more at se­nior or di­rec­tor level. Male di­rec­tors at top UK firms earned on av­er­age £138 699, while fe­male di­rec­tors and ex­ec­u­tives were paid £123 756 for do­ing the same job .

Women weren’t only short-changed in terms of an­nual pay pack­ages, but were also paid less when it came to bonuses. Ac­cord­ing to the re­port, male em­ploy­ees earned dou­ble the bonuses paid to fe­male work­ers.

The pay dif­fer­ence in­creased with age. In the 26-to-35 age group, men were, on av­er­age, paid 6% bet­ter than women. Among 36- to 45-year-olds, there was a 20% pay gap. In the 46-to60 age bracket, the pay gap was 35%.

The fig­ures were based on the 2015 Na­tional Man­age­ment Salary Sur­vey com­piled by the Char­tered Man­age­ment In­sti­tute and the firm XpertHR.

– Staff re­porter

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.