Women workers are weathering the recession better than men and are more likely to hold onto their jobs despite rising unemployment, according to a new report.
A study of almost 46,000 adults showed that labour turnover among women has dropped to a five-year low of 4.3%, compared with 4.8% for men.
The Chartered Management Institute (CMI) said the findings may be due to female executives accepting job transfers rather than redundancy.
Around one in 12 women in junior jobs have switched departments in the past year, twice as many as men, the study found.
The survey also revealed that the pay of male and female managers rose at the same rate - 4.9% - this year, although women still earned over £11,000 less than their male counterpart.
Ruth Spellman, chief executive of the CMI said: "Employers may be mistaking equal pay rises for equal pay, and whilst any increase in take-home pay will be welcomed in a recession, it appears that the glass ceiling remains in place and has been reinforced with concrete.
"If the focus remains on yearly increases, the arrival of pay parity will never occur."
Nationally, female directors are earning £119,229 while their male counterparts take home £139,080, according to the report.
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