Women catch up with male salaries

One in five British women in a relationship earns more than their husband or boyfriend, meaning females are gaining financial ground on their male counterparts.

The steady increase in female salaries reveals that for 21 per cent of all couples, a woman’s individual earnings contribute to more than half of the family’s total income.

According to the DTI, this represents the highest figure since records began, and reveals how some women in relationships have overtaken their traditionally higher-paid partners.

Business observers said they expect the trend to continue as females increase their market share of executive, manager and flexible working positions.

The largest increases in weekly salary for women were identified among the 25 to 34-year-olds, typically earning £249, while men prospered most between the ages of 35 and 49.

Yet across all age groups, median individual incomes for women were less than those of men – explaining the 67 per cent of a family’s total income which derives from the individual earnings of the male partner.

In contrast, just 32 per cent of total family income came from the individual earnings of the woman, supporting figures that show full-time women earn a median weekly of £335, compared to their better-paid rivals on £420.

Weekly median income for women also lags behind their competition and partners, with earnings of £161 losing out to the £303 that men receive.



 

19th May 2005

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