Gender pay gap widest in finance and construction sectors, report finds

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 98%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Analysis revealed a mean gender pay gap of 12.6% across the organisations that published reports in December

Some 48 per cent of companies disclosed a pay gap above the national average, while 82 per cent of companies disclosed a bonus gap in favour of men.

The gender pay gap is the difference in the average hourly wage of all males and all women in an organisation. A gender pay gap does not infer an absence of equal pay for equal work, which is a legal requirement in Ireland. Instead, it is typically a result of unequal gender representation at different organisational levels.

The gaps were widest in the finance, banking/insurance and construction sectors. Although the exact reason for the gap varied by company and sector, a key factor appears to be the relatively high number of men in more senior and more highly paid roles, the report noted. Based on the analysis, the mean hourly pay gap for the charity sector was 1.7 per cent, with women comprising about two-thirds of the overall workforce and those in the upper pay quartile.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

IrishTimes Sex not gender

The divide is because of sex. The correct words are vital If you can't name the problem you can't fix it. There is no evidence that men in dresses are paid less than men in trousers. sexmatters sexnotgender

South Africa South Africa Latest News, South Africa South Africa Headlines