Women in London Earn Up to 23% Less Than Men

Money_in_hand I was at the Women in London’s Economy event last Thursday and was stunned to find that women working full time in London earn up to a quarter less than men in comparable jobs and even more disappointingly, this figure has not improved over the last few years. With the years I have been working on women’s issues and career development, I would like to think I would see an improving situation – but as this research by the Greater London Authority found, there isn’t. And despite all the talk about opportunity in London, the pay disparity between men and women is actually worse in the capital than in other parts of the UK!  Plus, the gender pay gap gets wider as incomes rise hence, top earning women are more likely to be paid inequitably than those on low incomes.  For many professional women, this is in part due to the discretionary nature of bonuses – which add significantly to a professional’s income, if not double or treble it. Bonuses are also very difficult track for transparency as they are most often negotiated behind closed doors and not discussed between colleagues. So I ask you, what is your experience of pay equality – do you feel you get your fair share?   

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