Women are working 8 weeks a year for free, compared with their male counterparts
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Employment Advice (For Individuals)
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Employment Advice (For Business)
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Women are working 8 weeks a year for free, compared with their male counterparts
Although the Equal Pay Act was introduced over 40 years ago, recent research still shows woman are earning over 15% less than men.
Despite the introduction of the Equal Pay Act in 1970, an era of political and economic liberty of women and the same decade in which the first and only female British Prime Minister Margaret Thatcher was elected, it seems that 40 years on it has still not taken full effect in the world of business.
The average annual salary in the UK is £26,500 yet figures have revealed that women in full-time employment are still earning, on average, 16% less than their equivalent full-time male counterparts. Over the course of a lifetime, a woman would have to work over 9 years’ longer than a man just to achieve the same level of income.
At executive level, the problem seems even more evident with one in every seven men earning £50,000 a year or more, compared with a mere one in 15 women.
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