Gender Pay

Employers taking measures to promote diversity, gender parity, says report

A significant percentage of employers in India are taking active measures to promote diversity and gender parity through progressive policies, upskilling, and flexibility and have realigned their hiring strategies by mandating women hiring at every level across sectors, says a report. According to New research conducted by ManpowerGroup India, 54 per cent of employers in India expressed optimism on their company's Diversity, Equity, Inclusion and Belonging (DEIB) initiatives being on track in increasing women participation at different levels, way above the global average of 46 per cent. The survey that examined 3,150 Indian employers, noted that internal leadership development programmes are most effective to help retain and secure diversified talent. Sector-wise, the Information Technology (IT) sector leads the way in strengthening its diversity ratio, closely followed by the healthcare and life sciences sector and financials and real estate sector, whereas the consumer goods and

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Pay parity: BCCI announces equal match fee for men, women cricketers

The BCCI's proposed plan for the one-month tournament, to be held in March 2023, involves a total of 22 matches

US Open's record $10 mn purse offers hope for gender pay equality

Dottie Pepper recalls being paired with Meg Mallon for the final round of the 1991 U.S. Women's Open with what she viewed as an impressive $110,000 first-place prize on the line.

Japan plans mandatory disclosure of gender wage, female manager ratio

The move would be part of Prime Minister Fumio Kishida's push to narrow income disparities and achieve more equal distribution of wealth.

Gender pay gap real, more women in high-paying functions essential

The much-publicised pay gap between men and women is real, and it impacts companies near identically worldwide. But, companies may be looking for a solution in the wrong places, according to a study by Korn Ferry Hay Group. The study findings come from the group's PayNet database, which analysed figures for over eight million employees in 33 countries. When comparing pay between genders, the study found that men are paid 17.6 per cent more than women. The figure for India stands at 18.8 per cent. While evaluating the same job, function and company to compare like with like, the true gender pay gap shrinks to favour men by 1.6 per cent globally and 3.5 per cent in India. Getting more women into high paying functions and industries as well as into senior levels of organisations is a business as well as social imperative, the research suggests. Organisations need to make a conscious effort to empower female leaders by rethinking recruitment, development, promotion and reward processes; ge