Female managers in the EU earn almost one-quarter (23.4%) less, on average, than their male counterparts. In other words, women in management earn just 77 cents for every euro a man makes per hour.
According to new figures from Eurostat, male managers earn more than female managers in every EU Member State, although ratios differ. The gender pay gap in managerial positions is narrowest in Romania (5.0%), ahead of Slovenia (12.4%),
Belgium (13.6%) and Bulgaria (15.0%). By contrast, a female manager earns about one-third less than her male counterpart in Hungary (33.7%), Italy (33.5%) and the Czech Republic (29.7%), and over one-quarter less in Slovakia (28.3%), Poland (27.7%), Austria (26.9%), Germany (26.8%), Portugal (25.9%), Estonia (25.6%) and the United Kingdom (25.1%).
There are nearly 7.3 million people in managerial positions in enterprises with 10 employees or more in the EU: 4.7 million men (65% of all managers) and 2.6 million women (35%). In other words, although they make up approximately half of all employees in the EU, women continue to be underrepresented among managers.
The largest proportion of women in management is found in Latvia, the only Member State with a majority (53%) of female managers. It is followed by Bulgaria and Poland (both 44%), Ireland (43%), Estonia (42%), Lithuania, Hungary and Romania (all 41%) as well as France and Sweden (both 40%). At the opposite end of the scale, women make up less than one-quarter of managers in Germany, Italy and Cyprus (all 22%), Belgium and Austria (both 23%) and Luxembourg (24%). At EU level, about one-third (35%) of managers are women.