Gender Pay Gap from an International Perspective
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Date
2023
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Abstract
AI-GENERATED ABSTRACT: Abstract: The study "Gender Pay Gap from an International Perspective" provides a comprehensive examination of the gender pay gap (GPG) across different countries. The research focuses on understanding the causes of GPG and explores potential solutions to address this persistent issue. By conducting semi-structured interviews with HR representatives and CEOs in India and Germany, the study gathers insights from decision-makers in diverse industries. The study's findings highlight common factors contributing to the GPG, such as cultural and societal biases, underrepresentation of women in lucrative professions, occupational segregation, and barriers to career advancement. Participants acknowledge the existence of the GPG in their respective countries and recognize the need for action. However, interestingly, all HR representatives and CEOs interviewed claim that there is no GPG within their own companies, illustrating a discrepancy between perceived internal quality and the broader societal issue. To reduce GPG, decision-makers emphasize several potential solutions, including conducting pay audits, implementing pay equity policies, promoting women to senior positions, fostering women-friendly policies, and eliminating bias in hiring and promotion processes. The importance of transparency, objective standards for pay determination, and looking beyond wages are also highlighted. The study suggests that decision-makers are vital in addressing the GPG within their organizations. By implementing these measures, organizations can work towards creating more equitable pay structures and promoting gender equality in the workplace. However, the study also underscores the need for further research to deepen our understanding of the GPG, particularly at the organizational level, and to evaluate the effectiveness of interventions in different contexts. Overall, the study sheds light on the complex nature of the GPG from an international perspective, offering insights into its causes and potential solutions. It provides valuable guidance for decision-makers seeking to promote gender equality and reduce the GPG within their organizations. Keywords: gender pay gap, international perspective, India, Germany