|
10-Mar-08 17:10 [Research]
Gender pay gap still evident On average women around the world are being paid 16 per cent less than men, according to new research.
A report from the International Trade Union Confederation (ITUC), titled the Global Gender Pay Gap, has analysed statistics from 63 different countries from around the world.
Sharan Burrow, ITUC president, said: "Despite decades of anti-discrimination legislation and changes in company rhetoric, the pay packets of women, whether they are in New York or Shanghai, are still significantly thinner than those of men."
She added that the positive news for workers is that trade unions are "succeeding in bridging the pay divide".
The report also revealed that more educated women are often the ones that are being paid less than their male counterparts who have a similar education. It also showed that internationalisation is playing a part in closing the gap but by lowering men's wages rather than raising women's.
Representing over 168 million workers, the ITUC operates in 155 countries.
The Association of British Insurers (ABI) has told of its agreement with the decision of the government to not introduce a higher contribution cap in the first year of personal accounts.
Find out more>
An independent pensions adviser has stated that the pension crisis has deteriorated in recent times, with private schemes being hit.
Find out more>
The Pension Protection Fund (PPF) has announced that it rescued a further four pension schemes during the month of September.
Find out more>
|
