The National Management Salary Survey claims that the glass ceiling which has traditionally limited the progress of women in the profession has given way to a "greenhouse effect" as organisations warm to women in senior roles.
Female managers in IT now earn an average salary of £47,315 - more than their peers in the financial, HR and manufacturing sectors. They are second only to women in the chemicals industry, who earn an average of £49,777.
Across all industry sectors, female directors now account for 13.2% of all boardroom posts. More than 25% of departmental heads are women, compared to less than 20% in 2000. And women represent 38.2% of all team leaders, compared to 26.5% in 2000.
Salaries for female managers have risen by an average of 5% across the UK, compared to 4.7% for male managers - the eighth successive year that earnings growth for women has outperformed men.
Christine Hayhurst, director of professional affairs at the Chartered Management Institute, said that although the findings are encouraging, there is a long way to go.
"There is still only one female chief executive in the FTSE 100 and, although there is a significant change in the number of women holding senior leadership positions, they are in a minority," she said.