Female resignations hit new high in insurance sector

Female resignation rates have hit a new high in the insurance sector, despite women achieving promotion at a quicker rate than men.

Figures, from a survey of 42,205 individuals, also show that women are more likely to receive a bonus in the sector, but female pay rises have stalled for the first time in more than a decade.

The findings, by the Chartered Management Institute and Remuneration Economics, show resignation rates amongst women in the insurance sector stand at 8.2%, up from 5.6% last year. Representing employees from trainee level to chief executive, this figure is higher than the national average (7.8%). Fewer

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