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Gender pay gaps

Closing more crucial than ever, realise stakeholders

by Blitz India Media
May 2, 2023
in world
0

GENEVA: Emphasising that women globally are paid about 20 per cent less than men, International Labour (ILO) Organisation has said that while education, working time, occupational segregation, skills, or experience explain part of the gender pay gap, a large part of it is due to discrimination based on one’s gender or sex.

Women have also been among the worst affected by the Covid-19 pandemic, including in terms of income security, representation in sectors hardest hit, and gendered division of family responsibilities. This, in turn, has led negatively impacted their employment and threatened to reverse decades of progress made towards gender equality.

As countries emerge from the pandemic, taking action to address gender equality setbacks is not only relevant and timely but also critical for an inclusive, sustainable, and resilient recovery. Governments, employers, and workers organisations recognise that closing gender pay gaps is more important than ever.

Vital Facts

  • Women are concentrated in lower-paid, lower-skill work
  • For every dollar men earn, women earn only 77 cents
  • Women are under-represented in decision-making roles
  • Women carry out 2.5 times more unpaid work than men
  • it will take 257 years to close the global gender pay gap

Over the past few years, increasingly more governments are proposing transparency measures and information-sharing to address gender wage gaps. According to recent research, depending on how they are put into place, pay transparency measures can effectively identify compensation differences and reduce broader gender inequalities in the labour market.

“These are still early days for pay transparency,” said Manuela Tomei, Director of the ILO Conditions of Work and Equality Department, noting that countries are pursuing different approaches to advance it. She pointed out that “there is no ‘one-size fits all’ solution”.

“While more time is needed to assess the effectiveness of the different measures and practices, it is encouraging that Governments, workers’ and employers’ organisations seek to devise innovative solutions, such as pay transparency, to tackle a stubborn problem,” she said.

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