Thursday, October 19, 2023

Korn Ferry: A Gender Pay Gap—at the Very Top

By SIMON CONSTABLE 

British women have come a long way in business, but even those taking the top CEO role are getting short-changed it seems—and by some signifcant sums.

The few women CEOs in the public companies that make up the FTSE 100 index of leading UK stocks get paid 23.5% less than their male counterparts, according to a recent report The High Pay Center, a UK think tank. In 2022, the average pay for male FTSE 100 CEOs was £4.3 million ($5.2 million) versus £3.4 million for women. And there are only 11 such women in those top roles. Read more here.

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