Prity Kanjia’s Post

Today we can confirm that Equal Pay Day 2024 will fall on 20th November. That's earlier than last year. This means that the UK's mean Gender Pay Gap has got worse for the first time since 2013. Equal Pay Day is a national campaign led by the Fawcett Society in the UK. It marks the day in the year when, based on the gender pay gap, women overall in the UK stop being paid compared to men. CEO Jemima Olchawski said,  "It’s incredibly alarming to see the mean gender pay gap widen in 2024 and shows that without concerted effort most women won’t see equal pay in our working lifetime.  “Today’s data confirms that the Gender Pay Gap increases with age as women take on more and more unpaid care work for children and older people. Tomorrow, at her first Budget, our first female Chancellor in history can right this wrong by investing to finally address the motherhood penalty and set the UK on a path to close the Gender Pay Gap for good.  "The draft Employment Rights Bill and commitments to close the gap are important steps but today’s data clearly shows more must urgently be done. Our government must commit to a cross-government strategy to shrink the gender pay gap by 2030 – women cannot wait any longer." Read our explainer here 👇 https://lnkd.in/esbbsW37

Today is Equal Pay Day – the date when women effectively stop earning compared to men due to the gender pay gap. Shockingly, this year the UK’s mean gender pay gap has worsened for the first time since 2013, as highlighted by the Fawcett Society. To close this gap for good, we must take decisive action: ➡️ Make flexible working the default in every sector. ➡️ Transform childcare so it’s affordable and accessible for all families. ➡️ End pay discrimination to ensure equal pay for equal work. ➡️ Address intersectional pay gaps that disproportionately impact Black, minoritised, and disabled women. The Fawcett Society reminds us that these changes are critical, and we cannot wait any longer. Let’s work together to build a fairer and more inclusive future 💪💥

Another statistic going the wrong way. The UK's gender pay gap has increased, and although there are some good reasons for this, according to the Fawcett Society research, done in collaboration with Giacomo Vagni, "...even when men and women work the same hours and in the same roles, nearly two-thirds of the gender pay gap remains unexplained." Just read that again - nearly two thirds of the pay gap is UNEXPLAINED - and this points to pay discrimination as a major factor still holding women back. They go on to suggest things that will close the gender pay gap for good: 💡 Default to flexible working in all sectors - it shouldn't be the exception 💡 Make childcare affordable and accessible to all 💡 Ensure men and women are paid equally for equal work 💡 Tackle intersectional pay gaps, as black, minoritised and disabled women are disproportionately affected Another problem that needs a systemic solution and you can help by supporting the Fawcett Society in their mission to achieve gender equality in pay and in the workplace. Here's more information - https://lnkd.in/g48CTGxD.

Today is #EqualPayDay, not a day that should be celebrated. It means that, from today, women in the UK are now working for free for the rest of the year, based on average earnings data. I've been reading a lot about about the Gender Pay Gap recently (more on that in the coming months). There are many factors that contribute to the gap; but mostly it boils down to society still expecting women to be primary care givers and homemakers - regardless of professional status. All UK companies with over 250 employees are required to report gender pay gap statistics annually. Some smaller companies voluntarily report their gender pay gap statistics. But there are an estimated 5m+ businesses in the UK that have less than 250 employees, representing approximately 16m employees. Compared to the 11m people that are employed by businesses with over 250 people. It also excludes self-employed people (with a few small exceptions). So the *actual* gender pay gap could be considerably worse than is being reported. I have not been able to find any analysis on businesses under 250ppl yet, although there is some sample data reporting done by the ONS I believe. Can anyone point me to any research on this? Does it exist?

The latest Equal Pay Day data shows the UK's gender pay gap has worsened for the first time in a decade. I know that many of us have unfortunately heard and seen the impact of reduced EDI budgets and shifting corporate priorities in this space. What's particularly concerning is how the gap widens significantly in mid-career stages, precisely when many are really starting to grow their impact. This affects career trajectories, leadership opportunities, and ultimately the diversity of thought we need to solve society's biggest challenges.

This is why at Your Energy Your Way way we’re training women to be electricians and heating engineers. Because the average hairdresser’s wage is £10k less than the average plumber’s. Women, be hairdressers by all means and men too, we all need a good haircut, but don’t assume women can’t do both and block their access to good wages. BUY WOMEN BUILT Anna Moynihan The Female Lead #genderpaygap #solarpanel #greenenergy #womeninconstruction

It's crucial to address the stark reality of lifetime wage gaps experienced by women of color in the workforce. Studies reveal that Black women face a lifetime wage gap amounting to $884,800 compared to their white male counterparts. For Latina women, this gap widens to a staggering $1,218,000 over their careers. These figures underscore systemic inequalities that persist despite qualifications and contributions. It's imperative to advocate for policies that promote transparency, fairness, and accountability in compensation practices. Closing the wage gap not only empowers latina women economically but also promotes a more inclusive and equitable society. Let's raise awareness, drive change, and work towards a future where every woman receives equal pay for equal work. - https://lnkd.in/gbCt6G8j #PayEquity #GenderPayGap #WomenOfColor #LatinaEqualPay #LatinaWomen #LatinaWomenInBusiness #LatinaLeaders #DiversityInLeadership #InclusiveWorkplaces #EqualPayForEqualWork #CareerEquality

The past Equal Pay Day (in Germany March 6, in the US March 12 in 2024) highlights the gender pay gap, with women earning only 84 cents to every dollar earned by men (in Germany around 82 cent). This disparity results in significant financial losses over time, with women facing a potential loss of $399,600 over a 40-year career. For Black and Latina women, the impact is even more profound, with lifetime wage gaps of $884,800 and $1,218,000, respectively. Addressing this issue requires actionable steps, such as implementing pay transparency laws, which aim to ensure equal compensation for all. Achieving pay equity goes beyond legislation; it calls for corporate responsibility and individual advocacy. On Equal Pay Day, let's recognize it as more than a reminder of what we face—it's a call to action towards systemic change. By fostering an environment that supports equal pay for equal work, we can work towards closing the gender pay gap. Let's commit to making equitable compensation a reality for everyone. https://lnkd.in/eQCcpFjJ #GenderEquality #herCAREER #WeRiseByLiftingOthers #StrongerTogether

It's crucial to address the stark reality of lifetime wage gaps experienced by women of color in the workforce. Studies reveal that Black women face a lifetime wage gap amounting to $884,800 compared to their white male counterparts. For Latina women, this gap widens to a staggering $1,218,000 over their careers. These figures underscore systemic inequalities that persist despite qualifications and contributions. It's imperative to advocate for policies that promote transparency, fairness, and accountability in compensation practices. Closing the wage gap not only empowers latina women economically but also promotes a more inclusive and equitable society. Let's raise awareness, drive change, and work towards a future where every woman receives equal pay for equal work. - https://lnkd.in/euVjZnJi #PayEquity #GenderPayGap #WomenOfColor #LatinaEqualPay #LatinaWomen #LatinaWomenInBusiness #LatinaLeaders #DiversityInLeadership #InclusiveWorkplaces #EqualPayForEqualWork #CareerEquality

Equal pay day is here again - and that is the problem. I just wanted to take a quick moment as yesterday marked Equal Pay Day, which means today is the day that the average full time working women in the UK effectively starts working for free until the end of the year. This year Equal Pay Day fell on the 20th November, which is two days earlier than last year, with the gap widening from 10.4% in 2023 to 11.3% in 2024. It is first time since 2013 that the pay gap got wider year on year. Fawcett Society have developed a tool for you to check your own gender pay gap this year. This highlights my privilege that mine is slightly lower than the national average at 9% and my equal pay day is Friday 29th November. https://lnkd.in/e5J7zAqj So what can we do? Promote transparency: Encourage companies to openly share gender pay gap data and hold them accountable to change 🤝 Mentor others: Help younger women in your field navigate their careers and negotiate better pay 🙋♀️ Use your voice: Spread awareness, and challenge inequality when you see it 🗣️ Keep learning : if you want to understand it better Fawcett Society have a great write up on the website 📚