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Review of the UK economy in 2019

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fiscal policy

Exploring the UK pay gap

Across the UK, women are on average paid nearly 20% less per hour than men. Lucy Kraftman of the Institute for Fiscal Studies explores why this might be the case, and considers whether anything can be done about it

As of 2018, all companies in the UK with more than 250 employees are obliged to publish their gender pay gap. Despite convergence of earnings between men and women over time, a gap still exists.

A slightly different notion is equal pay. Equal pay is the idea that men and women with the same productivity or with exactly the same job receive the same pay. The gender pay gap encompasses, in addition, the idea that men and women may work in different industries (e.g. finance or healthcare), occupations (e.g. teacher or manager) or intensity (e.g. full-time compared to part-time work). These differences could lead to different average pay between men and women.

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Previous

Review of the UK economy in 2019

Next

Elinor Ostrom: a distinguished political scientist

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