Although a recent study has shown that female junior executives in the insurance sector are paid more than their male counterparts, it appears that this lead is lost and eventually overtaken as careers progress.
According to figures from the Chartered Management Institute (CMI), the average salary for female executives at a junior level is £23,872, compared with £22,236 for males, a difference of £1,636.
While it is undoubtedly positive news that the gender pay gap is no longer in play at junior
- CBL Insurance placed into liquidation
- Marsh unveils Marsh-JLT Specialty plans
- Gallagher set to ink another deal before Christmas
- Top 100 2018: Find out who made the list
- Up to 50 jobs at risk amid RSA specialty and wholesale restructure
- Fresh founder Lisa Powis rejoins insurance sector with tech business
- Broker Choice Awards: The winners