[Editorial] Closing the gender pay gap: when and how?
The most recent estimates by the World Economic Forum indicate that the global economic gender gap will take 217 years to close, and that this gap widened in 2017. That pay inequality is pervasive in the UK is therefore unsurprising. The UK median gender pay gap—the difference in average hourly earnings between men and women—is 18%. To address this disparity, the UK became the first country to mandate individual employers to release their gender pay gap data. All public and private sector employers with at least 250 employees had to report by April 4, 2018.