Chartered Management Institute (CMI) and XpertHR have analysed salaries of the UK's 3.3 million managers and found the gender pay gap now stands at 26.8%.
Large companies with more than 250 employees must reveal the difference between the average pay of male and female staff under new Government reporting regulations introduced in April. However, the study found that only 77 of the 7,850 UK companies to which the new law applies have fulfilled their obligations. Researchers also found that women are far more likely to fill junior management positions than men (66% compared with 34%). Men are more likely to occupy senior positions with around 26% of director-level roles occupied by women, compared with 74% by men.