The pay gap between male employees and their female counterparts could be set to widen for the first time on record, the Fawcett Society has warned.
According to the equality campaign group, women still earn 14.9 per cent less than men for the same role – but the deficit could grow due to public sector cuts that are forcing women into the private sector.
Its caution comes after research carried out by the Chartered Management Institute (CMI) revealed women lose out regarding bonuses by receiving less than half the average £7,496 that men accept.
The CMI 2012 Gender Salary Survey also highlighted the average pay gap stands at £10,060 – which is a cut from that recorded in 2011 when the difference was £10,546.
Commenting on the results, Ceri Goddard – chief executive of the Fawcett Society – said the findings should act as a “wake-up call” to the government, as current measures are not working.