Women still earn less than 80 cents for every dollar that men get and it will take more than 250 years to close the gap between men and women if the world moves with reforms at the current pace.
The United Nations underscored the dichotomy while marking the first-ever International Equal Pay Day.
The gender pay gap contrast might still be much big bigger in large parts of the world.
The pay gap refers to the “difference between what a woman earns compared to a man, for work of equal value – and the systemic inequalities it is rooted in.”
For women with children, women of color, women refugees and migrants, and women with disabilities, that 80 cents less figure is even lower, the UN says.
Women’s unequal status at work “feeds inequality” in other areas of their lives, UN Secretary-General Antonio Guterres said in a message on the occasion.
“Women’s jobs are less likely to come with benefits like health insurance and paid time off. Even when women are entitled to a pension, lower salaries mean lower payments in their old age,” he said.
Although there have been equal pay laws in several countries yet they have failed to address the problem, the UN chief called for greater effort to find solutions.
“We need to ask why women are relegated to lower-paid work; why professions that are female-dominated have lower salaries – including jobs in the care sector; why so many women work part-time; why women see their wages decrease with motherhood while men with children often enjoy a salary boost; and why women hit a ceiling in higher-earning professions,” he stressed.
Guterres also underlined the need to end harmful gender stereotypes and remove institutional barriers, as well as sharing family responsibilities equally.
“We need to recognize, redistribute, and value the unpaid care work that is disproportionately done by women,” he urged.
Such efforts are all the more urgent given signs that the gender pay gap may worsen due to COVID-19 and its fallout, including because so many women work in service, hospitality and informal sectors which have been hardest hit.
“The COVID-19 pandemic has exploited and exposed inequalities of all kinds, including gender inequality. As we invest in recovery, we must take the opportunity to end pay discrimination against women,” the Secretary-General said.
“Equal pay is essential not only for women, but to build a world of dignity and justice for all,” he underlined.
According to UN Women, the UN Entity for Gender Equality and the Empowerment of Women, in spite of significant progress in women’s education and higher female labor market participation rates in many countries, closing the gender pay gap has been too slow.
At the current pace, it could take 257 years to achieve economic gender parity, the figures reveal.
Women workers’ average pay is generally lower than men’s in all countries, across all sectors, for all levels of education, and age groups, the world body said.
While gender pay gap estimates can vary substantially across regions and even within countries, higher-income countries tend to have lower levels of wage inequality compared to low and middle-income countries.
Among the developing countries, the gender pay gap is more pronounced because of a lack of information about informal economies, which are disproportionately made up of women workers, so the full picture is likely worse than what the available data shows us, says the UN agency.
The International Equal Pay Day, to be commemorated on 18 September annually was established in 2019 by the UN General Assembly, which voiced deep concern over slow progress in women’s economic empowerment, the undervaluing of work traditionally held by women, and the difficulties in tackling pay inequality.
The General Assembly urged action to reach the goal of equal pay for work of equal value for all and encouraged all stakeholders to continue to support the goal of equal pay for work of equal value.
