Gender Pay Gaps

Gender Pay Gaps

Introduction

Gender pay gap by definition is the earning differences between women and men in paid employment in labor market. It is one of the many indicators of gender inequality in a country when examining labor market participation in terms of gender (OECD). The study “Global Employment Trends for Women” published by the International Labor Organization (ILO) in 2018 provides current information about the global gender pay gap. When looking at the decline or increase in the pay gap between women and depend all on the data available and change between regions and countries. According to the ILO, the progression of the gender pay gap is slow in Europe and Central Asia.

The History of gender pay gap

This issue has been present

This all stems from the 2011 President Hosni Mubarak. There were no changes that happened during the term. Unemployment has grown, and wages have dropped to an inadequate level.

In the year 2005, gender wage gap in Egypt was at 13.2 percent. This can be looked at low enough if the average world gender pay gap is at 17.9 percent (Bajec). From 13.2 percent in 2005, the gap in Egypt was marked as 37.7 percent in the year 2010 (Cengiz). There are many sides that contribute to the high pay gap within Europe. These are mainly core options as well as policies that are set by the government. Women sometimes take less hours at work compared to the men in Egypt. This can be looked at by the responsibilities they have due to the wellbeing of their families. Women are very concerned who brings up their children, since they spend most of their time at work. They prefer the immediate family to take care of their children instead of outsiders. Even though the women are qualified for a well-payed job, they usually decide to stay back at home with the family and partake in a part time

This country especially has seen many legal differences in pay due to gender. However, its statistics do not include the amounts earned as a part-time or overtime employee.

Before 1969, Australian government has passed a policy that looked at women being paid less than 25 percent than men. The ILO resolved the issues in 1972 to ensure both genders were paid as they should (Australian Government). Even still however Australia it still at the top of the list for the high rate in gender pay gap. Between 1997 and 2017 the gander pay gap was the lowest in November 2004 at 14.9% and the highest in November 2014 at 18.5% (Australian Government).

Home, Work & Family

As shown above in the graph, gender pay gap also limits the women’s ability to save for retirement in other ways. Having a lower earning over a women’s career can result on a smaller savings for when they do decide to retire. Lower earnings during a women’s career can lead to smaller retirement plans, lower social security and financial assistance. It is a fact that women 65 or older are five times more likely to receive assistance for financial needs, and typically draw twice as much income for assistance than men