The Gender Pay Gap Is Serious Business
On average, companies pay men three quarters more than they pay woman, based on those who have reported recent gender pay gap figures thus far.
In 2012 the pay gap officially dropped below 10% for full-time workers. As of April 2018, the aggregate gender pay gap declined to 8.6%, and was even reversed in certain categories. The gap varies considerably from -4.4% (women employed part-time without overtime out earn men) to 26% (for UK women employed full-time aged 50 – 59). The median pay is 17.9% less for employed women than for employed men.
The gender pay gap is not the same as unequal pay.
A company's gender pay gap can also be caused by other things - for example, fewer women in senior or highly-paid roles or more women in part-time jobs.
The BBC have a tool which you can use to look up certain companies’ gender pay gap figures.
For help in understanding the gender pay gap and how to close it,
click here. If you have any further questions or comments on the gender pay gap, don’t hesitate to contact us.
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