Girls on boards of FTSE 100 firms paid solely a fraction of what males obtain | Enterprise Information

Girls on FTSE 100 boards are on common paid 73% lower than their male counterparts, new analysis reveals.

Evaluation by New Avenue Consulting Group discovered that feminine administrators on the UK’s largest listed firms are paid a mean £237,000.

That in comparison with £875,900 for males.

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‘Extra work to do’ to spice up boardroom range

It represents a gender pay hole which is way greater than the 15.5% disparity throughout the UK workforce as a complete.

The gulf in pay is defined by the truth that 91% of ladies on FTSE 100 boards maintain non-executive roles, the report stated.

These roles oversee and maintain the enterprise to account fairly than working it on a day-to-day foundation, which is the operate of an government.

But even when accounting for this, ladies had been paid much less.

The typical non-executive director at a FTSE 100 agency was paid £104,800, in comparison with £170,400 for males, the analysis discovered.

For government administrators, the typical pay for girls of £1.5m compares to £2.5m for males.

General view of the London skyline, as seen from Millbank Tower
The typical non-executive director at a FTSE 100 agency was paid £104,800, in comparison with £170,400 for males

Figures printed earlier this yr by the government-backed Hampton-Alexander confirmed an increase within the variety of feminine administrators at high listed firms over latest years meant its goal of no less than a 3rd of such roles to be held by ladies had been met.

Claire Carter, director at New Avenue Consulting Group, stated regardless of the “nice progress”, the newest analysis confirmed there was extra work to do.

“Focusing solely on the chances of administrators which can be ladies is just not sufficient when attempting to strategy equality,” she stated.

“Most companies wish to finish the previous boys membership that exists on the high.

“The important thing to doing that might be guaranteeing that girls have extra government tasks and are skilled and ready correctly for taking up that accountability.”

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