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Meg Munn MP - Sheffield Heeley's voice in Parliament | Welcome
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Waiting to 2067 for pay equality is unacceptable

Wednesday, September 15, 2010

Sheffield Heeley MP Meg Munn is very disappointed that the latest information shows that equal pay for women is still 57 years away. According to a report published recently by the Chartered Management Institute (CMI) and XpertHR, the rates at which male and female salaries are increasing show that UK businesses are still more than five decades away from paying men and women equally.

 

The 2010 National Management Salary Survey shows that female salaries increased by 2.8% over the last 12 months, compared to 2.3% for men. However the average UK salary for a male manager is over 10,000 more than that of his female counterpart. This means that it will be a 57 year wait before take-home pay is equal between men and women.

 

Meg said:

 

“This year marks the 40th anniversary of the Equal Pay Act, but data collected from over 43,000 individuals in almost 200 organisations reveal that male pay outstrips female pay by as much as 24% at a senior level.

 

Girls born in 2010 will face the possibility of working for 40 years for unequal pay. This cannot be allowed to happen. Government should be taking greater steps to enforce equality through the monitoring of organisations.

 

The UK cannot expect to attract and retain the most talented female workers if they are continuing to be undervalued. It is important that we inspire young women to reach the top and we can only expect them to want the best jobs if they are being paid the same as a male colleague.”

 

The research also shows a contrast in turnover rates between men and women; with 4.5% of the female work force experiencing female redundancy in the last 12 months, compare with just 3% of men. This trend is further seen in resignations with 7.7% of female directors voluntarily leaving their post last year, compared to just 3.6% of men. This growth in female resignations at director level can be linked to the difficult economic circumstances and unsatisfactory wages.

 

The Chartered Management Institute have recently launched the ‘Ambitious Women Toolkit’ which aims to help female staff challenge inequality in the workplace. The toolkit gives practical advice on issues such as asking for a pay rise, skill development and returning to work after maternity leave. The kit can also help employers to better support women in the work place and make the most of their female talent pool.

 

For details: www.managers.org.uk/glassceiling.  


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