Google puts gender pay in spotlight

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The recent sacking of a Google engineer who believed that “biological differences” are the real reason why women lose out on pay, has put the gender pay gap in the spotlight.

It’s pervasive throughout the US.

Take the top earners in every state: on average, women receive $145,000, compared to $371,000 for men.

Researchers believe that it’s not only an issue that women receive less pay but that they also struggle to reach leadership positions in order to merit high salaries.

It’s estimated that overall, women earn $0.80 for every $1 that a man does.

However, this varies on a number of factors, such as race. For instance, if you’re a younger Hispanic female construction worker in Puerto Rico, the pay gap is small, as compared with a man of the same traits. But if you’re a black, older woman in the financial services, working in Utah, it’s likely there’s a gulf.

And it’s not much better in the UK.

It’ll take 52 years, and 37 years in the civil service specifically, to achieve pay equality if we start now. And it makes economic sense: we could add £150bn to annual GDP through increased output.

Pressure is certainly starting to mount on the public sector leading the way, especially after the BBC released its pay figures.

At least Iceland is getting there.

The country topped the World Economic Forum’s Global Gender Gap Index, with near equal pay and representation in leadership positions.

 

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