nz 1 The gap in pay for the lowest paid is wider than it’s ever been.
2 The gap is bigger than it has been in years.
3 The pay gap is wider in the City of London than anywhere else in the country.
4 This isn’t just because of the financial crisis, which has hit the country hard.
It’s because of inequality.
5 And there’s another reason.
6 Here are the top 10 countries with the largest pay gap.
Source Engadgets: Money: Money | The Economist 1 The pay disparity for the bottom 40% of earners is wider today than it was in 2016.
2 This is despite the fact that the UK has seen an explosion in inequality since the financial crash.
3 While the average pay gap for the top 20% has decreased since the last financial crisis.
4 The gap between the top 2% and the bottom 20% in the US is higher than the gap in England, Wales and Scotland.
5 The gap has widened for two-thirds of the countries in the eurozone.
6 This is because of a rise in the average hourly pay of the lowest-paid workers in the economy.
7 The UK is the only EU country that doesn’t have a minimum wage.
8 The gap was widest in the EU’s biggest economy, Germany, where it was 6.5 times larger than it is in France, Spain or Italy.
9 The gap also widened in the Netherlands, which is one of the biggest economies in the world.
10 The pay gulf has also widened among people with a college education, as more women enter the workforce.
What does this mean for you?
1 You’re likely to earn less than your salary if you’re a female.
2 You’re more likely to see a pay gap if you work in an organisation that pays a wage.
3 You’re less likely to be the victim of a sexist comment if you have an average income.
4 You’re probably less likely than the average worker to be told that your pay is too low.
5 Your employer’s pay policy is probably more likely than yours to affect how much you’re paid.
6 You may see more negative reactions to your gender, if your boss is male and your boss’s gender is female.
7 You’re also more likely if you come from a minority group to be considered less qualified for the job.
8 You’re most likely to have a gender-based pay gap as a result of discrimination, and you’re likely also to experience higher levels of harassment.
9 You’re almost twice as likely to receive a pay rise if you were a woman and a man, and half as likely if both your gender and your employer are female.
10 You’re the most likely worker to have experienced discrimination based on your gender.
Who do you think should pay the gap?
Employer 1 You could be a man 2 You could work for a woman 3 You could do the job as a woman 4 You could have a male boss 5 You could earn less if you worked for a man 6 You could also make more money if you did the job for a male employer 7 You could make more if you had a male manager 8 You could become the subject of discrimination if you took a job from a woman 9 You could potentially be paid less if your gender is a woman 10 You could end up on your own if you are a woman