Gender Pay Parity
As per the European Commission, Gender Pay Gap is defined as the average difference between the total hourly earnings of men and women. This gap in wages is because of a number of reasons. Some of them are differences in choices of education, differences in the job and industry preferred by both, variances in the position type held by both, dissimilarities in the job types men typically choose as compared to women (specially high paid risk jobs), work experience differences, differences in the duration of the work week, and breaks in the service. These factors account for the 60-75% of the wage gap. The rest 25-40% are accounted for by the reluctance of women to bargain for salaries or because of discrimination.