UK gender pay gap shrinks to all time low

UK gender pay gap shrinks to all time low

According to the Office for National Statistics (ONS), the UK’s gender pay gap has fallen to its lowest level to date at 8.6% for full-time employees.
The pay gap between men and women in full-time work has dropped from a rate of 9.1% in 2016. The overall gender pay gap for both full-time and part-time roles fell from 18.4% in 2017 to 17.9%.
The ONS analysis revealed that the gap for these aged 18-39 in full time employment is close to zero, but it begins to widen from the age of 40.
The pay gap is largest amongst skilled trade occupations at 23.9%, followed by process plant and machine operatives (19.1%), and managers, directors and senior officials (13.6%)
The location with the largest divide is the capital with a difference of 13.7% between male and female pay.
Rob Shaw Managing Director at Glu Recruit said: “It’s great to see progress in this area, however the rate of progress is still very slow.
“Some women will have spent decades- and possibly their whole professional career- earning less than men and this is both a loss on their part, as well as for the economy as a whole.
“It is reported that improving the country’s stance on gender equality could unlock £150 billion for the economy.
“It’s key that businesses make a dedicated effort to ensure equality- in pay and in office culture.”

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