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A few weeks ago, the BBC published an article stating that based on data they had collected**, eight out of 10 companies pay men more than women. It’s a shocking statistic in this day and age, where women are still fighting for the right to and education, work or even drive.
The BBC found that all sectors pay more to men, with Finance and Insurance being the worst at 22.1% in favour of men, and Accommodation and Food being the best at 1.2% in favour of men.
But what about STEAM? Is there much of a disparity across the arts, science, technology, engineering and mathematics? With the British average standing at 9.4% pay in favour of men, some areas are worse than others:
While STEAM subjects aren’t the worst affected, some of the world’s leading innovators are not trailblazing their way to fair pay…
Microsoft* is currently paying its male staff 6.2% more than women, while Dyson* pays 10.7% more and Google* at a whopping 16%.
But what does this mean? This kind of gap shows that there’s plenty to do in regard to closing the gender pay gap at the very top. However, even the smallest changes can make the biggest difference, so there’s so much you can do to help close the gap.
The short answer: Yes – but something can be done about it, and it all starts with you!