Business

Gender pay gap narrows thanks to more women in boardroom-level jobs, official survey finds


The gender pay gap narrowed sharply last year – largely thanks to more women moving into boardroom-level jobs, an official survey said yesterday.


The gender pay gap narrowed sharply last year – largely thanks to more women moving into boardroom-level jobs, an official survey said yesterday (stock image used)


The biggest boost for women workers in the year to April was in pay rates for company directors, managers and senior officials, the Office for National Statistics said.


Although the ONS offered no explanation for this, one reason could be legislation introduced in 2017 by Theresa May's government requiring companies with more than 250 employees to report their gender pay gaps.


While there is a 'close to zero' gender pay gap for all workers under 40, the gulf widens to 10 per cent after that age, when many successful women are raising a family.


One reason could be legislation introduced in 2017 by Theresa May's government requiring companies with more than 250 employees to report their gender pay gaps (pictured)






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