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Women work for free for one hour and forty minutes a day, according to new gender pay gap data from the Chartered Management Institute and XpertHR.
The annual salary survey found that women working in full-time roles earn 22% less than men, meaning they work 100 minutes per day, or the equivalent of 57 working days every year, for free.
Across all professional roles, the gender pay gap stands at £8,524 – men earn, on average, £39,136 per year, while women earn £30,612. This is slightly smaller than in 2014, when the gender pay gap was 23%, or just over £9,000.
At director level, the pay gap rises, however. Male directors earn an average of £138,699 compared with the female average of £123,756.
Male managers also receive almost double the bonus of female managers, at an average of £4,898 compared to £2,531.
The CMI/Xpert survey also reveals that the pay gap widens as women get older. Women aged 26 to 35 were paid 6% less than their male colleagues, but this rose to 20% for those aged 36 to 45, and 35% for women aged 46 to 60.
This is reflected in the lack of older women in senior positions. Women comprise 67% of the workforce in entry-level roles, but female representation drops to 43% at senior management level.
Mark Crail, XpertHR’s content director, said: “An entire gene