Women directors earn 50pc less than men

The gender pay gap expands the higher a woman rises
Source: A Daily Telegraph report on the RTF data
By Angela Monaghan

Female board directors in the FTSE 350 are being paid half as much as their male counterparts, new research has found.

The average female board director took home £178,246 in salary, bonuses, benefits and pension contributions in the 2008-09 financial year, while the average male director received £357,358.

The Reward Technology Forum (RTF) which compiled the study claimed that part of the explanation was that the majority of women on company boards were non-executive directors who are paid less than executives.

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