What Have We Learnt About Gender Pay in the UK?
New laws introduced by the UK Government require all companies with 250 or more employees to publish gender pay figures. From the data submitted by participating companies, it has been revealed that 8 out of 10 companies pay men more than women. Those who have published their figures are among the largest national and international organisations operating in the country.
It is often cited that women generally tend to have different and lesser paid jobs than men, hence the pay gap. However, figures from the Office for National Statistics highlight that there are differences in salaries when men and women are both engaged in similar jobs. Jobs with the biggest pay gaps are within trade, followed by chief executives and senior officials. Interestingly, these jobs are also roles where men have the highest full-time employment share.
It may sound all doom and gloom but the UK are by no means the worst offenders. We currently rank 20th out of 144 countries around the world for our efforts in closing the gap. Here is a visual breakdown of Gender Pay in the UK.
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