International Women’s Day 2018: Despite narrowing of pay scale gap, women still earn 20% less than men

The gap involving the pay scale to gender ratio has narrowed by 5 percentage points in India, a report has said, but women in the same official position as men earn 20% less for doing the same work, the report added.

A Monster.com report revealed that the current gender pay gap in India stands at 20% where men earned a median gross hourly salary of Rs. 231, while women earned Rs. 184.8.

“The gap has narrowed by about five percentage points from 24.8 % in 2016,” said the latest Monster Salary Index data.

The index also revealed that gender pay gap in India increases with work experience.

“While men with 0-2 years of experience earned 7.8% higher median wages than women, men with 6-10 years of experience earned 15.3% more. Men with 11 and more years of experience earned 25 % higher median wages than women,” a statement said.

This index was complimented with the findings from the second annual survey titled Women of India Inc. also undertaken by Monster.com, it said.

Sharing his views on the findings, Abhijeet Mukherjee, CEO, Monster.com – APAC and Gulfs, said: “…As high as 40 % women expressed that men fear being judged by their male peers and choose to …read more