Even though legislation on implementing equal pay has been in place for 40 years, the gender pay gap in Britain remains among the highest in the European Union. We still have a shocking gender pay gap of 15.5% that hurts women, society and the economy. Removing barriers to women working in occupations traditionally done by men and increasing women’s participation in the labour market could be worth between £15 and £23 billion or 1.3 to 2% of GDP.
Did you know...?
- The full-time gender pay gap between women and men is 15.5%.
- The pay gap varies across sectors and regions, rising to up to 55% in the finance sector and up to 33.3% in the City of London.
- Interruptions to employment due to caring work account for 14% of the gender pay gap.
- 64% of the lowest-paid workers are women, contributing not only to women’s poverty but to the poverty of their children.
- There are almost four times as many women in