An 18-year-old woman entering the workforce today will not see pay equality in her working lifetime at the rate the gender pay gap is closing, a recent report has suggested. As things stand, it will take more than 50 years to reach gender pay parity.
The gender pay gap has narrowed - but women are still paid 89p for every £1 a man earns on average, Sky News analysis suggests.. The latest figures show the gap has come down from 11% in 2018 to 10.1%.
A recent report by PwC found the loss in earnings experienced by women raising children had become the most significant driver of the gender pay gap. In the airline industry, for example, high-paid pilots tend to be men, while lower-paid cabin crew are more likely to be women. The industry recorded a 33.5% pay gap in 2018.
Graduates, trainees or apprentices typically start on lower salaries, which can lead to even bigger pay gaps.The latest figures suggest that women in the construction sector are paid 23.9% less than men. Although about 100 companies are yet to report, this is an improvement on the 24.9% pay gap recorded in 2018.
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