UNITED NATIONS: It will take at least 70 more years to achieve pay equity between women and men, the ILO said today noting that women earn on average 77 per cent of what men earn.
On the occasion of International Women's day, the International Labour Organization said a gender pay gap persists, both for women with and without children. In general, women earn on average 77 per cent of what men earn, with the absolute gap widening for higher-earning women.
"Are working women better off today than they were 20 years ago? The answer is a qualified yes. Has this progress met our expectations? The answer is a decidedly no. We need to be innovative, to reframe the debate and to intensify the focus on ensuring the rights of women at work," Director General of the ILO, Guy Ryder said in a statement.
The ILO, United Nation's specialised agency noted that without targeted action, at the current rate, pay equity between women and men will not be achieved before 2086, or at least 71 years from now.
Globally, the gap in labour market participation rates between men and women has decreased only marginally since 1995.
Read Also:
Get Workers Healthy With Office-Hour Lifestyle Exercises
Senior Managers Paid 11.7 Times More Than Lower Level Staff: Study