Gender pay gap widens at almost half of UK firms via CNBCMakeIt
The gender pay gap widened at almost half of British firms in 2018, according to an analysis of new data.The data, available from the U.K. government website, showed that almost 80 percent of firms had a gender pay gap that favored men, while 14% of firms paid their female employees more than men.
The median pay gap is calculated by comparing the discrepancy in pay between a company's middle-ranking male and female workers. "Although it is a global feature of the aviation industry that more males than females choose to enter the pilot profession, we continue to see a welcome increase in the number of female pilot applicants," the airline said."In the past year we have doubled the number of female pilots in the U.K. and are committed to continuing this growth in the coming years."
In Credit Suisse's latest gender pay gap report, published in March, CEO David Mathers admitted the bank's pay gap was"far from good enough."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fearless Girl? State Street gender fund fails to live up to its name, says MorningstarState Street won praise for its 'Fearless Girl' statue. But it's failing to live up to that reputation, Morningstar says:
Read more »
Gender pay gaps persist at Wall Street banks in the UKOf the big four Wall Street banks, Bank of America Merrill Lynch and Wells Fargo were the only two to report improvements in both the median hourly and median bonus pay gaps in 2018.
Read more »
Apple, Salesforce among 'inaugural signatories' in push to close gender pay gap in CaliforniaA group led by California's first partner Jennifer Siebel Newsom launched a new campaign to raise awareness of the gender pay gap as part of an effort to achieve pay equality for women.
Read more »
Pilots and chefs top list of jobs with biggest gender pay gapWomen were significantly more likely than men to identify the gender pay gap as a 'serious problem,' with 78 percent of women agreeing with the sentiment compared with 59 percent of men.
Read more »
Gender Pay Inequity: Establishing Fair and Equal Pay For Women In Your CompanyWomen constitute almost half of the workforce yet they earn only eighty cents to every dollar their male counterpart earns. This article provides strategies for narrowing the pay equity gap.
Read more »
The gender pay gap can add up to a $1 million shortfallWomen typically earn less than men and take more time out of the work force, which has a significant impact on their lifetime earnings.
Read more »
Perspective | America doesn’t just have a gender pay gap. It has a gender wealth gap.Perspective: America doesn’t just have a gender pay gap. It has a gender wealth gap.
Read more »
Equal Pay Day 2019: How To Close The Wage Gap For GoodThe average woman stands to lose $430,480 over a 40-year career, according to Equal Pay Today. We need to shut the door on the wage gap and open a new door for equal pay. Here is how to close the gap.
Read more »