Women workers are weathering the recession better than men, the Mirror has reported.
The fairer sex are more likely to hold onto their jobs despite rising unemployment, according to a new report by CELRE National Management Salary Survey published in association with the Chartered Management Institute (CMI).
Labour turnover among women has dropped to a five-year low of 4.3%, compared with 4.8% for men, a study of almost 46,000 adults showed.
The findings may be due to female executives accepting job transfers rather than redundancy, the CMI said.
Around one in 12 women in junior jobs have switched departments in the past year, twice as many as men, the study showed.
The survey also revealed that the pay of male and female managers rose at the same rate – 4.9% – this year, although women still earned over £11,000 less than their male counterpart.
Ruth Spellman, chief executive of the CMI said: “Employers may be mistaking equal pay rises for equal pay, and whilst any increase in take-home pay will be welcomed in a recession, it appears that the glass ceiling remains in place and has been reinforced with concrete.
“If the focus remains on yearly increases, the arrival of pay parity will never occur.”
CELRE SALARY & BENEFITS SURVEYS
|CELRE, a sister service of Personnel Today and part of the XpertHR group, is the UK’s leading independent publisher of salary and benefits surveys. You can use CELRE’S online JobPricing tool to check pay and benefits packages when recruiting or reviewing individual reward, or carry out pay and benefit reviews at organisation level with our comprehensive reports.|