Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Gender pay gapGenderLatest NewsEquality, diversity and inclusionExecutive recruitment

Female FTSE 100 directors earn 73% less than male counterparts

by Jo Faragher 23 Aug 2021
by Jo Faragher 23 Aug 2021 Women in FTSE 100 director roles tend to be in non-exec jobs, according to New Street Consulting
Shutterstock
Women in FTSE 100 director roles tend to be in non-exec jobs, according to New Street Consulting
Shutterstock

Female FTSE 100 directors earn on average 73% less than their male counterparts, according to analysis by New Street Consulting Group.

Its research found that the average pay package for a female director in the FTSE 100 is £237,000, compared to £875,900 for male directors.

Gender pay & equality

ONS gender pay gap data: ASHE 2020

Advancing gender equality in the workplace 

Claire Carter, a director at the consultancy, said the focus on boosting female director numbers in top companies was not going far enough.

“Focusing solely on percentages of directors that are women is not enough when trying to approach equality,” she said.

Ninety-one percent of female directors in FTSE 100 companies are in non-executive roles, which could also explain the wage gap.

Where women were in executive director roles, their average pay was £1.5 million, compared to £2.5 million for their male counterparts.

Research by recruitment specialists Green Park earlier this month revealed that the number of white men in the ‘top 40’ positions in FTSE 100 companies is on the rise, despite efforts to improve boardroom diversity.

Female and ethnic minority leaders were largely consigned to roles in HR, diversity and marketing, it found, commanding lower salaries and less influence.

“Most businesses want to end the old boys club that exists at the top. The key to doing that will be ensuring that women have more executive responsibilities and are trained and prepared properly for taking on that responsibility,” Carter added.

“Ultimately the catalyst for change lies with the boards themselves.It will be a case of their examining whether there are any barriers that are preventing females from reaching the very top at their organisation, and if there’s anything they can do to help overcome these.”

D&I opportunities currently on PT Jobs


More D&I jobs
Jo Faragher
Jo Faragher

Jo Faragher has been an employment and business journalist for 20 years. She regularly contributes to Personnel Today and writes features for a number of national business and membership magazines. She won the Willis Towers Watson HR journalist of the year award in 2015 and has been highly commended twice.

previous post
CPD: understanding service-area and organisational stress audits
next post
Rail union threatens strike over legionella on Thameslink trains

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

You may also like

Transport sector recruitment ‘should be overhauled to improve...

12 Aug 2022

Writing a workplace menopause policy: a guide for...

2 Aug 2022

Make menopause a protected characteristic, say MPs

28 Jul 2022

‘I’m not an activist: I just want fairer...

25 Jul 2022

More than a third of retailers have all-white...

21 Jul 2022

FTSE 100 firms outpace US and Canadian businesses...

19 Jul 2022

One in nine UK workers is in insecure...

12 Jul 2022

Maya Forstater wins belief discrimination case over gender-critical...

6 Jul 2022

Government childcare plans aim to reduce cost of...

4 Jul 2022

Diversity and inclusion: where does the buck stop?

4 Jul 2022
  • 6 reasons why work-based learning is better than traditional training PROMOTED | A recent Fortune/Deloitte survey found that 71% of CEOs are anticipating that this year’s biggest business disrupter...Read more
  • Strengthening Scotland’s public services through virtual recruiting PROMOTED | This website is Scotland's go-to place for job seekers looking to apply for roles in public services...Read more
  • What’s next for L&D? Enter Alchemist… PROMOTED | It’s time to turn off the tedious and get ready for interactive and immersive learning experiences...Read more
  • Simple mistakes are blighting the onboarding experience PROMOTED | The onboarding of new hires is a company’s best chance...Read more
  • Preventing Burnout: How can HR help key workers get the right help? PROMOTED | Workplace wellbeing may seem a distant memory...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2022

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2022 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+