Rising women resigning regularly

Women are getting promoted more quickly than men, but are more likely to resign, according to figures released by the Chartered Management Institute and Remuneration Economics.

The findings, which form part of the 32nd annual National Management Salary Survey, also reveal increasing gaps in pay in the engineering industry, despite ongoing calls for equality and transparency.

The survey of 20,989 individuals employed in over 200 organisations shows that the average female team leader is 37 years old, compared to an average age of 41, for men. At £39,912, female managers in the engineering industry are earning £4,408 less than their male counterparts, a 9.9 per cent shortfall.

The research also shows an average earnings increase of 2.8 per cent for women managers in the engineering industry, compared to a national average rise of 5.3 per cent. Despite the pay rise, according to the latest figures, women managers in the engineering industry have fallen two places, to eighth, in the female earnings league table.