A pay crisis is hitting female managers in the North West, with women earning only four-fifths of what men in full-time comparable jobs earn, according to new figures.
The gender pay gap of 19 per cent means the gap is slightly smaller in the North West than across the UK as a whole and in other regions including the Midlands.
The data, published annually by the CMI (Chartered Management Institute) and salary specialists XpertHR, shows the current gender pay gap for the North West’s managers stands at £6,404.
The average salary is recorded as £34,448 for men and £28,044 for women. Nationally female managers are earning only three-quarters (77 per cent) of what men in full-time comparable jobs earn – a 23 per cent gender pay gap.
Analysis of the National Management Salary Survey, which covers over 6,200 professional workers in the North West and 68,000 across the UK, shows the gap is widest between men and women aged between 45 and 60 and stands at £16,680 per year.
The average bonus for a female director in the North West stands at £29,988, while for male directors’ the average pay-out is £54,834.
Ann Francke, chief executive of CMI, said: “Lower levels of pay for women managers cannot be justified, yet our extensive data shows the pay gap remains a reality for too many women.
“Women and men should be paid on the basis of their performance in their particular roles, but this is clearly not yet the case. We have to stamp out cultures that excuse this as the result of time out for motherhood and tackle gender bias in pay policies.”