Women executives are now earning much higher pay rises than men, yet businesses are still failing to stem a tide of resignations among older female employees, a new British survey has suggested.
The study by the Chartered Management Institute and researcher Remuneration Economics has calculated that, in the 12 months to January, women saw their earning rise on average by 6.7 per cent, compared with 5.6 per cent for men.
The increase was also the highest movement in earnings for five years, the two organisations said.
At director level, the gap was even more pronounced, with female earnings increasing by 9.2 per cent against only 5.8 per cent for their male counterparts.
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