Friday, February 24, 2017

UK opportunities for women in the workplace have rapidly improved but gender pay gap won't close until 2041, says PwC - CITY AM

by Rebecca Smith
Originally published: February 21, 2017
Publisher: CityAM.com 

The UK has considerably improved its performance in providing opportunities for women in the workplace, but it will still take until 2041 to close the gender pay gap in the UK.

That's according to PwC's Women in Work index, which measures levels of female economic empowerment across 33 OECD countries based on five indicators. It said the UK had rapidly improved since 2000.

It now ranks 13th out of 33 OECD countries, second to Canada in the G7 thanks to increasing female employment rates, a narrowing of the gender pay gap and a reduction of the gap between male and female labour force participation rates.