Women on boards of FTSE 100 companies paid only a fraction of what men receive

The number of female directors of major UK-listed companies has been rising but the vast majority hold lower-paid non-executive roles rather than being responsible for the day-to-day leadership of those companies.

Women on FTSE 100 boards are on average paid 73% less than their male counterparts, new research shows.

Analysis by New Street Consulting Group found that female directors at the UK’s biggest listed companies are paid an average £237,000.

That compared to £875,900 for men.

It represents a gender pay gap which is much bigger than the 15.5% disparity across the UK workforce as a whole.

The gulf in pay is explained by the fact that 91% of women on FTSE 100 boards hold non-executive roles, the report said.

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