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Equal pay still a dream for many

A survey by the Chartered Management Institute has today been released regarding UK equal pay regulations, which have now been in place for over 40 years. The report suggests that women in the UK, for example in a management position, will need to wait 57 years to attain the same level of pay as their male counterparts if current wage inflation continues at the same pace!

The report shows that at management level a male manager on average earns around £10,000 more and his female counterpart and even at junior level the difference is well over £1000. On average the difference between male and female salaries at senior management level is a whopping 24% although over the last year the pay packets of women have grown by 2.8% while the male pay pocket has only increased by 2.3% over the period.

Many governments have tried and failed to reduce the difference between male and female salaries in the workplace for identical jobs. However, there is no doubt that while the situation is getting better there is massive room for improvement and the government may need to be more proactive on potential convictions because ultimately many companies are still "breaking the law".

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