GENDER WAGE GAP
Gender Wage Gap
The gender wage gap is the difference in earnings between men and women who are working full-time, year-round.
Causes of Gender Wage Gap
- Women are more likely than men to be employed in lower-paying jobs, such as caregiving and education.
- Women may be paid less than men for the same work, even when they have the same qualifications and experience.
- Women are less likely than men to be promoted to higher-paying positions.
- Women are more likely than men to take time out to care for family members, which can hurt their career advancement and earnings potential.
What Can HR Do to Decrease the Wage Gap?
- Conducting pay equity audits to compare the salaries of men and women in similar roles to identify any disparities.
- Setting clear compensation ranges to prevent bias in salary negotiations.
- Providing training on unconscious bias can help employees to recognize and avoid making biased decisions about pay.
- Offering flexible work arrangements can help women to balance their work and family obligations.
- Supporting women's career development include providing mentorship and sponsorship opportunities.