Ensuring equal pay for work of equal value to men and women has been the law since the Equal Pay Act 1970. So why has closing the pay gap between men and women proved so difficult?
It cannot be denied that there has been some progress. In a recent survey by the CMI it was reported that the pay gap between men and women of all ages in professional managerial roles has been narrowed from 23% in 2014 to 22% in 2015. As the CMI indicates, this difference amounts to a female manager working for nearly two hours for free each day. The pay gap, however, increases as women get older and there are still too few women in the most senior roles of FTSE 100 companies.Read the article >>