SA men are paid more than women - report | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

SA men are paid more than women - report busrep

DURBAN - The new PwC executive directors practices and remuneration trends report for South Africa showed that women are paid less than men in every industry according to Business Insider South Africa.

In the technology and financial sectors men are paid 22.9 percent and 21.8 percent more, respectively. The report revealed that 85.9 percent of the Chief Executives of listed South African companies are white. While, 10.2 percent of Chief Executives are black followed by Indian or Asian Chief Executives who only make up 2.2 percent.

According to the report, the average age of an executive director in a South African company is 56 and their tenure at the company is 4.5 years. The average Chief Executive holds their position for 4.3 years. The 2018 World Economic Forum Global Gender Report ranks South Africa’s gender equality 19th out of 149 countries, but on the subject of wage equality for similar work the ranking plunges to 117th.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: SA company creates free app for calculating child maintenance | IOL Business ReportMediation Academy has built a free tool to solve South Africa's child maintenance problem and create new opportunities through the use of technology.
Source: IOL - 🏆 46. / 51 Read more »

Zimbabwe public worker strike on the cards after pay offer rejected | IOL Business ReportZimbabwe’s public sector workers on Tuesday night rejected the government’s latest pay offer.
Source: IOL - 🏆 46. / 51 Read more »

Zim's runaway inflation hits 10-year high, reaching 175.66% in June | IOL Business ReportZim's runaway inflation hits 10-year high, reaching 175.66% in June busrep
Source: IOL - 🏆 46. / 51 Read more »

EOH: The suspicious transactions inside the company | IOL Business ReportEOH holdings tumbled on the JSE after an investigation revealed the rot that involved a series of suspicious transactions by a group of individuals
Source: IOL - 🏆 46. / 51 Read more »

Allegations about dealings with SA Home Loans are malicious — Matjila | Business | M&G
Source: mailandguardian - 🏆 2. / 92 Read more »