A study conducted by the Chartered Institute of Management had found that IT has the largest gender pay inequality of any industry.
According to Silicon.com, the average wage for men in the IT industry is £50,487, while the average wage for women is just £32,751. In lower level jobs, the gap is smaller but still unequal, with men earning £20,187, compared to £19,068 for women.
Although the pay gap is decreasing, with women seeing a better rate of pay increase than men, it is still estimated that it will take 63 years for women to catch up at the current rate of increase.
“We know that there are problems with female managers reaching the upper levels of organisations but it’s clear that that’s particularly acute in the IT sector still,” said the CMI’s policy and research manager, Patrick Woodman.