Thursday, November 08, 2007

Gender pay gap 'on the increase'


The pay gap between male and female directors of companies and public bodies has widened, research indicates.

On average female executives were paid 22% less than their male counterparts last year, the Institute of Directors (IoD) found.

This figure compared with a 19% pay gap a year earlier.

The IoD, which analysed pay in 1,250 organisations, said it was disappointed and urged business to tackle what seemed "an insoluble problem".

See full Article.