Samuel Stebbins and Thomas C. Frohlich 24/7 Wall Street Published 9:07 AM EST Dec 5, 2018 Gender equality has taken a more central role in the American political and cultural discourse in recent years. One of the chief targets in the fight for gender equality is the gender pay gap. Even today, women in the United States earn an average of just 82 cents for every dollar men earn. In some jobs, the wage gap is far larger. Though some prominent politicians have made addressing the apparent injustice a central piece of their policy agenda – including President Barack Obama and his 2009 Lilly Ledbetter Fair Pay Act – pay inequality has remained effectively unchanged in the past decade. Pay figures alone do not tell the whole story, and there are several explanations for pay inequality that are not immediately obvious. Such factors include the propensity for men to work longer hours and sort into higher paid positions within certain occupational categories. Still, even … [Read more...] about Gender pay gap 2018: 20 jobs with the greatest disparity for women
Gender wage gap countries
“Studies have again and again shown that an organisation’s success and competitiveness depend on its ability to embrace diversity,” says Sabrina Bonnet, senior manager, management consulting, people & change at KPMG Luxembourg in a recent blog post. She continues saying, “Companies today spend a lot of money and time on workplace diversity and outreach programmes,” and, according to KPMG’s remuneration survey, 52% of financial institutions in Luxembourg have a diversity policy in place, as of 2017. Yet, Bonnet also remarks that, despite this, the gender gap in Luxembourg still persists and, “…women still earn less than men, and are less likely to advance as far in their careers.” Although Luxembourg has made significant progress in terms of gender equality in education, health and female workforce participation, “…women working in information and communication technology, finance and personal … [Read more...] about Gender wage gap “alive and well”
There are around 4.76 million people in the Republic of Ireland. More of them are women than men. In fact, around 53,000 more. On average, it is true, women live longer and, when they enter the labour market, earn less. There is a gender pay gap. It is the difference between the gross hourly earnings of all working men and those of all working women. Across the EU and across all sectors, women earn on average 16 per cent less than men. Put another way: across the EU, women work around two months a year for free. The gap gets worse with age. It is pretty small when men and women are in their twenties, around 6 per cent. It widens to around 20 per cent as the two groups move into their thirties. The chart shows how Ireland compares to our European counterparts. It shows the difference between the average hourly earnings of male and female employees as a percentage of male earnings. This should be down at plus or minus 2 or 3 per cent. Instead, for some countries like Estonia, it is 27 … [Read more...] about Stephen Kinsella: What explains the gender pay gap?
In an in-depth public discussion on the gender pay gap in Malta, held at the University of Malta on Friday, MEPs, academics, government representatives and members of the public dissected the wide salary differences that exist in Malta and expressed frustration with the disparity between the genders, in particular those in the higher echelons of employment. Almost 60 per cent of Malta’s graduates are female, and more women than men have graduated from the University of Malta since 1997, and yet the top positions in the six major categories of employment are dominated by men, as are 66 per cent of the academic positions on the UoM’s staff. The gender pay gap increases with the level of education – tertiary-level educated women are even more likely to be paid less than men for equal work than women with basic or secondary education, lagging 23.3 per cent behind their male counterparts. The debate included various interventions from the public on, amongst other … [Read more...] about The higher the level of education, the larger the gender pay gap
From the Employment Equality Acts 1998 to more recent revelations about the gender pay gap in our national broadcaster RTÉ, the topic has rarely left our consciousness. In fact, over the next few weeks the Minister of State for Equality, Immigration and Integration, David Stanton is expected to bring the Gender Pay Gap Information Bill to Cabinet. Under this bill firms employing more than 250 workers could have to publish details of any gender pay gap by the end of this year or face sanctions if they fail to do so. It’s clear that the conversation has begun but we still have a long way to go. EU figures show that in Ireland, women currently earn around 13.9% less than men. Where does that leave us on a global scale? We decided to find out. UKCareers marketplace Jobbio has done extensive research into the gender pay gap in both the UK and the US through their #ShatterTheGlass initiative. They researched a number of different high-level roles including CFO, Marketing … [Read more...] about How the gender pay gap in Ireland rates globally