We know the gender pay gap exists – just not in the way conventional wisdom holds | Korn Ferry Hay Group

Korn Ferry Hay Group has published a whitepaper looking at the gender pay gap. It examines:

• What caused this pay disparity and why it still exists.
• Five reasons to champion women’s equality in the workplace.
• How organisations, line managers and women can level the playing field.
• Findings across 33 countries and 8.7 million people telling the full story.

'For years we’ve read bold headlines about the gender pay gap, reporting that around the world men are paid an average of 20% more than women. Our global research confirms this gap but also shows that when compared “like for like”, the gender pay gap reduces to 1.6%. Put simply, a man and a woman doing the same job in the same function and company, get paid almost exactly the same. But one thing remains true: as a demographic group, women get paid less than men. It’s time for a new approach. It’s time to see things differently.

'The Real Gap: Fixing the gender pay divide', Korn Ferry Hay Group: http://info.haygroupupdate.com/global-en-gender-pa...