Women continue to be paid less and are not as likely to hold senior positions as men, according to findings from executive jobs website Experteer.

The figures show that there are 10 times fewer female managing directors than their male counterparts and they are paid on average a sixth less, losing out on apotential £13,000 a year each.

The research shows that female executives gain senior roles at an earlier age than their male peers, between three and four years younger. However, it is only in their first executive post that they can expect to be earn the same as their male colleagues.

Across all executive roles, the UK pay gap average is 7%, compared to Germany, France and Italy, where an overall average salary gap of 12% in favour of men exists.
 
Torsten Muth, managing director, Experteer.co.uk, says: “These figures raise some serious questions about sexual equality in the workplace. Whilst the UK is ahead of the rest of Europe, it is clear that talent is not the only factor in determining salaries and career progression.
 
“Our research does suggest a brighter future, as today’s female executives become tomorrow’s managers there is hope that the situation will improve. However, a generation on from the 1975 sex discrimination act there is still clearly a long way to go.”