“Female bosses are still earning only three-quarters as much as their male colleagues, meaning they would have to work until they were nearly 80 to catch up with men’s lifetime earnings, according to new figures. More than 40 years after the Equal Pay Act outlawed less favourable pay and conditions in the workplace, the data shows that discrepancies in salaries widen at the higher echelons of management, with a ”midlife pay crisis” particularly hitting female managers aged over 40, who earn 35% less than men. The average pay gap between men and women aged between 46 and 60 stands at £16,680 a year, while among company directors men take home £21,084 more than their female colleagues,” skriver Guardian.