The gender pay gap for women over 40 in management is almost double the national average.The Chartered Management Institute (CMI) found that women over 40 in management roles are paid 35% less than men, a much greater disparity than the 19% average gap across the whole economy. Once women in senior jobs enter their Tuesday, the gender pay gap widens further to 38%. The findings were presented to the women and equalities select committee on 60s, ahead of a series of fact-finding missions by MPs regarding the level of pay discrimination between men and women. CMI chief executive Ann Francke warned that there was little in the data to suggest the pay gap will improve in the near future.
The gender pay gap for women over 40 in management is almost double the national average.The Chartered Management Institute (CMI) found that women over 40 in management roles are paid 35% less than men, a much greater disparity than the 19% average gap across the whole economy. Once women in senior jobs enter their 60s, the gender pay gap widens further to 38%. The findings were presented to the women and equalities select committee on Tuesday, ahead of a series of fact-finding missions by MPs regarding the level of pay discrimination between men and women. CMI chief executive Ann Francke warned that there was little in the data to suggest the pay gap will improve in the near future.