A scathing report published by the CIPD and the High Pay Centre has found that FTSE 100 companies have failed to improve board diversity in 2018, with just six female CEOs across these firms earning 32% less than their male counterparts.
Despite efforts to improve board diversity, the report said it is "disappointing" to see so few female CEOs and executive directors on the boards of FTSE 100 firms. "Unless we start to see women in senior positions, progress in reducing the size of the gender pay gap will be slow," the report warned. "In addition, research suggests that firms that lack gender diversity are often outperformed by those with more equal numbers of men and women. This ought to be of great concern to business." Median salaries down but remain high Overall the report found that median FTSE 100 CEO pay f...
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