Article: Closing the Gender Pay Gap: the key facts at a glance Written by CMI Insights Wednesday 22 February 2023 Share Share to LinkedIn Share to Facebook Share via email 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 ContentsWhat is the Gender Pay Gap?How big is the Gender Pay Gap?Why does the Gender Pay Gap exist?What is Gender Pay Gap reporting?What to do with your Gender Pay Gap reports?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 Login or register below for Free Instant Access Login If you are already registered as a CMI Friend, Subscriber or Member, just login to view this article. Confirm your registration Login below to confirm your details and access this article. Sign in with email Email remember me remember Forget? Please confirm that you want to switch off the "Sign in with email" remember me feature. Yes No Register for Free Access Not yet a Member, Subscriber or Friend? Register as a CMI Friend for free, and get access to this and many other exclusive resources, as well as weekly updates straight to your inbox. You have successfully registered As a CMI Friend, you now have access to whole range of CMI Friendship benefits. Please login to the left to confirm your registration and access the article. Article Our extensive range of articles are designed to keep you in the loop with all the latest management and leadership best practice, research and news. Members See More CMI Members have access to thousands of online learning and CPD resources. Learn more about our membership benefits Join The Community CMI offers a variety of flexible membership solutions, tailored to your needs. Find out more and get involved in the CMI community today.
