Unexplained Wealth Orders: What we know one year on
As Hillary Clinton’s hopes of shattering the ultimate glass ceiling are resigned to history it reminds us of the struggle that women continue to have in achieving equality with men in the workplace.
The Equal Pay Act was introduced in 1970, which prohibited less favourable treatment for women than men with regard to pay and conditions. 46 years later and the most recent statistics show that there is still a 13.9% pay gap on average between women and men.
Each year, the existence of this gap is marked on the day when women effectively stop earning relative to men. This year “Equal Pay Day” is today, 10 November 2016, i.e. when there is 13.9% remaining of the year.
Despite this percentage consistently decreasing year on year, at the current rate of progress (2012-2016), the gender pay gap will remain for a further 62 years.
There are a number of reasons why this gap may exist, ranging from:
There are several ways to calculate the gender pay gap but the most commonly referred to method, which is used by the Equality and Human Rights Commission and the Trade Union Congress, is to calculate the mean average male and female hourly earnings using gross hourly pay (excluding overtime).
If gender inequality is an issue that you are facing our team of expert employment lawyers can help.
The lessons of the last 48 hours remind us that it is still a long slow march towards full gender equality. At Kingsley Napley, we are proud to be marching in the right direction.
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