Pay Gap
The difference in average earnings between different groups of employees, typically men and women.
Definitions (4)
The pay gap, often referred to as the gender pay gap, is the difference in average gross hourly earnings between men and women. It is a key indicator of gender inequality in the labour market and is a primary target for reduction through pay transparency measures and equal pay legislation.
The difference in average remuneration between different groups of employees, typically categorized by gender, but also potentially by other protected characteristics. The bill focuses on identifying and reducing unjustified pay gaps that are not attributable to objective, non-discriminatory factors.
The pay gap refers to the disparity in average earnings between male and female employees, often expressed as a percentage of male earnings. While the Equal Pay Amendment 2021 primarily focuses on ensuring equal pay for work of equal value, the concept of the pay gap is a broader indicator of gender inequality in the labor market. Addressing the pay gap requires not only equal pay for comparable roles but also tackling issues like occupational segregation, career progression, and work-life balance.
The statistical difference in average remuneration, often expressed as a percentage, between different groups of employees within an organization or across the labor market, typically disaggregated by factors such as gender, nationality, or other protected characteristics, for work of equal value or across the entire workforce.