Article:

Closing the Gender Pay Gap: the key facts at a glance

Written by CMI Insights Wednesday 22 February 2023
To balance the scales of pay equality we need to understand what the pay gap is, why it exists and what measures are effective. This is what you need to know
Image of unequal scales to represent the gender pay gap

Contents

  1. What is the Gender Pay Gap?
  2. How big is the Gender Pay Gap?
  3. Why does the Gender Pay Gap exist?
  4. What is Gender Pay Gap reporting?
  5. What to do with your Gender Pay Gap reports?
  6. What can leaders do to close the Gender Pay Gap?

What is the Gender Pay Gap? Some definitions

The pay gap is not the same as pay equality:

  • Pay gap: the percentage difference between median average hourly earnings for all men and all women, excluding overtime (whether in a company, country, sector, etc).
  • Equal pay: the pay difference between workers in roles that are substantially equal.

(Learn more in our guide to equal pay vs the gender pay gap.)

Want to close your Gender Pay Gap?

Explore the full CMI x Equality and Human Rights Commission Close your Gender Pay Gap toolkit to find more specific, recommended ideas for action

Download the toolkit Explore more CMI gender equality resources

 

How big is the Gender Pay Gap between men and women? The statistics

Keep reading to learn more about the gender pay gap and how you can close it

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