Bonus bonanza for male managers at women's expense?
By Ellizabeth Parkin
Data published recently by the Chartered Management Institute (CMI) has revealed that on average last year men in management positions received bonuses which were twice as high as those paid out to female managers.
The disparity widens as women progress further up the ladder, with male directors receiving average bonuses 76 per cent higher than their female counterparts. CMI’s report is based on information from more than 43,000 workers, which showed that during their working life, male managers stood to earn more than £141,000 more in bonuses than women.
Given the rhetoric by the government in the past few years about women on company boards and in senior positions, the extent of the pay gap is quite shocking…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
The law provides that if you would like to move a child from their main country of residence, the consent of the other person with parental rights should be obtained first.
There are now a range of options for resolving a dispute between a consumer and a trader.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…