'Female employees progress fast but are paid less'

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Female employees progress fast but are paid less
London, Aug 10: On an average, a female employee steps up to senior levels faster than males but are still paid 7 per cent less remuneration than their male counterparts, says a new survey done by the job website, Experteer in the United Kingdom.

Women may be doing better in their jobs but this is only limited to the growth in career and not in their pay slips suggests the survey conducted across all industries.

The study also found that women are less likely to hold on to the senior positions in spite of faster journeys as opposed to male executives.

The survey also found that this pay-progress imbalance is prominent in the media industry where female executives who attain top executive roles three years earlier than the male executive are paid a stunning 34 per cent less.

Apart from this, the gender ratio is skewed against women as the level of seniority progresses. It was found that on an average there was one female executive for every 10 male executive in the position of Managing Director of a mid-sized company.

OneIndia News

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