Women 'earning 23% less than men' in management roles

Women in management position still earn significantly less than their male counterparts, according to a new report.

The Chartered Management Institute (CMI) said average bonuses for company directors were lower for women, at just under £42,000, compared with over £53,000 for men.

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More women 'in full-time work than ever before'

The gender pay gap is narrowing, the Minister for Women and Equalities has said, after a report suggested that women managers were getting £9,000 less than men. Nicky Morgan said:

We're committed to delivering a long-term economic plan that works for women. That's why we are giving employees the right to request flexible working as well as introducing shared parental leave, and introducing tax-free childcare - also available for eligible parents who are self-employed.

Women can now make the right choice for them on how to balance work and families. As a result, we're seeing more women in full-time work than ever before and, although the gender pay gap remains too high, it is narrowing and for full-time workers under 40 is almost zero.

– Nicky Morgan, Minister for Women and Equalities

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