Late last year, the papers reported that the Gender Pay Gap had shrunk “to an all-time low”.
What are the facts?
In the UK, the difference was 9.4%, compared with 10% a year earlier. This works out as men earning 17.5% more than women, for doing the same job, equivalent to women earning 82p for every £1 earned by a man.
However, in the EU as a whole, the difference is still 16%.
Why is this? According to the European Commission,
“women have as good or better qualifications than men, but often their skills are not valued the same as men’s and their career progression is slower.”