Money-Thinkstock-2014

Top-earning female financial managers and directors are paid 40% less than their male counterparts, according to analysis by recruitment consultancy Michael Page.

Its analysis, which is based on the Office of National Statistics’ November 2014 Annual Survey of Hours and Earnings, also revealed a gender pay gap of 51% for health professionals in the top 20% salary bracket (80th percentile).

Further findings include:

  • Top-earning female medical practitioners make an average of £83,697 a year, 31% less than the £121,470 received by men.
  • Female book-keepers and payroll managers earn 23% less than men in the same occupation.
  • Male office managers receive an average salary 24% higher than female office managers.
  • A 28% pay gap exists between male and female sales and marketing professionals.
  • A gender pay gap was also identified in traditionally female-dominated industries where women hold 70% or more of jobs. This includes administrators (23%) nursery and primary school teachers (15%), and nurses (14%).