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Men’s and Women’s bonuses
Male bonuses are more than female bonuses, new findings say
By Nicole Hamer |15:07 20 August 2013
Females will earn half as much for bonuses as males over the length of their careers, new findings say. A survey, involving around 43,000 workers, was carried out by XpertHR which showed certain differences between the two genders when it comes to certain aspects concerning the world of work.
When it comes to bonuses the survey, which was supported by CMI (Chartered Management Institute), found that male managers had on average bonuses of around £6,400 for the last year whereas female managers had around £3,000.
Male managers would typically get around £142,000 more in bonuses than female managers over the length of their careers, the new findings say.
Other points related to included director level and salaries.
CMI Chief Executive Ann Francke, said: “Despite genuine efforts to get more women onto boards, it's disappointing to find that not only has progress stalled, but women are also losing ground at senior levels.
“Women are the majority of the workforce at entry level but still lose out on top positions and top pay. The time has come to tackle this situation more systemically.”
Head of salary surveys at XpertHR Mark Crail said: “There is no good reason for men to still be earning more in bonuses than women when they are in very similar jobs. But it's often the case that men and women have different career paths, with 'male' roles more likely to attract bonuses.
“While women are generally getting lower bonuses than men, especially at senior levels, they may be entering occupations where there is less of a culture of bonus payments. The question for employers is why that's the case.”