Women work 100 minutes “for free” each day because of the gender pay gap.
A female manager in effect works for nothing for 100 minutes of each day because of the pay gap between men and women, according to a new salary survey.
The average pay for women managers in the UK is £30 612 (R626 358) a year, while a man in an equivalent job is paid £39 136.
That £8 524 gap is a slight improvement on 2014, when the figure was £9 069 – but the 22 percent gap is still equivalent to a woman doing unpaid work for an hour and 40 minutes per day, or 57 days a year.
Further up the pay scale, the gap widens. At senior or director level, the average pay for men is £138 699, and for women it is £123 756.
Women at all levels also lose out on bonuses, with men receiving £4 898, almost twice the £2 531 average for women.
The gap is also wider for older women. In the 26 to 35 age group, men are on average 6 percent better paid than women. Among 36- to 45-year-olds there is a 20 percent gap.
In the 46 to 60 age bracket, the gap is 35 percent, equivalent to a woman working 681 hours a year for no pay. – The Independent