Female resignations rise despite larger pay increases

07-09-2006

Female workers have received higher salary increases than males for the tenth year in a row, yet are increasingly likely to resign from their job, reveals new research.

Figures released from the Chartered Management Institute and Remuneration Economics found that women received an average salary increase of 6.7 per cent in the 12 months to January 2006, compared to only 5.6 per cent for men.

At director level, women received earning increases of 9.2 per cent compared to men's 5.8 per cent, yet female managers still earned £5,147 less than the average wage for a male manager of £48,668.

Women were also more likely to resign than men, with female resignation standing at 5.7 per cent, up from 3.9 per cent last year, with male resignation rates at 4.0 per cent.

"More than 30 years after sex discrimination legislation was introduced, some inroads appear to have been made in the workplace," said the Chartered Management Institute's Jo Causon.

"However, inequalities are still evident in pay packets and promotion and unless employers address the issue they are in danger of seeing a continuation of the trend in senior female executive resignations."

The manufacturing sector was found to have the highest rate of female resignation at 15.3 per cent, while the region with the highest female resignations was East Anglia (11.8 per cent).


Related categories: Management / Business.


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