BusinessCompany NewsFemale directors still being shortchanged

Female directors still being shortchanged

Fairer sex working longer hours for 19% less pay

Female directors of UK firms work longer than their male counterparts but
earn on average 19% – or £14,028 – a year less, a survey by the
Institute of Directors has found.

In the voluntary sector the pay gap is even greater – at 25%.

On average female director earned £60,000 and worked 51.25 hours a week in a
small-to-medium company and 57 hours in a larger firm.

By comparison male counterparts had an average basic pay of £74,028 and spent
on average 50 hours at work or 55 hours at a larger firm – described as one
which turned over between £50m and £500m a year.

Further reading:

Gender pay gap widens as women miss out

Overview: women have a future

Recruiters welcome new female FDs

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