BusinessPeople In BusinessThink of a number …

Think of a number ...

Following a season of tube strikes, and threatened industrial action by firemen over pay, the issue of salaries has come sharply into focus.

And there is one rather large group of employees who could feel justified in heading for the picket lines this winter … and that’s members of the fairer sex.

Latest figures from the Chartered Institute of Management show women are still undervalued in the workforce, earning as much as 30% less than male counterparts – on average, men across the UK command a salary of £26,000, while women only take home a comparatively paltry £19,990.

Equally aggrieved, although not exactly starving, are women executives.

They can expect salaries of around £95,000, while men swagger home with almost £120,000 for doing an equivalent job!

Putting this into perspective is another scary set of numbers: on average, an FD working for a FTSE-100 company can expect to take home more than £600,000, still some way off the £1.5m earned by chief executives. Just one woman qualifies for this windfall – Marjorie Scardino, Pearson media group CE, the only woman to head a FTSE-100 company.

  • Comments or suggestions to larry_schlesinger@vnu.co.uk.

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