#gender-pay-gap

#gender-pay-gap

Women across the EU symbolically begin "working for free" from today, as the bloc marks the point in the calendar when pay inequality means women, on average, stop earning relative to men. With the EU gender pay gap standing at 12%, 22 November represents the date after which women's work is, in effect, unpaid compared with their male colleagues. The European Commission used the occasion to warn that progress on closing the gap remains painfully slow and could take decades at the current pace.

The findings, released in the British Journal of Industrial Relations on Monday, suggest that, since 2004, the Office for National Statistics (ONS) had failed to properly account for the fact that it received more data from larger employers, when it reported its annual survey of hours and earnings (Ashe). It meant the survey gave undue weighting to large businesses, where pay was higher and the difference in pay between men and women was generally smaller.

The Most Powerful People in Business list showcases 19 women among the 105 powerful figures, maintaining the order from the Most Powerful Women list published in May.

Maternity leave is paid at 90% of a mother's average weekly earnings for the first six weeks, then for the next 33 weeks, whichever is lower of that 90% figure or 187.18 a week.

Salaries for the top guys haven't exactly doubled, but have gone up significantly in the past few years, emphasizing the increasing financial power in cycling.