Pay Gap

The pay gap refers to the difference in earnings between various groups of people, often highlighted between men and women. It is expressed as a percentage and indicates how much less one group earns compared to another for similar work. Factors contributing to the pay gap include discrimination, differences in job types, work experience, and hours worked. While the pay gap has narrowed over time, it remains a significant issue in discussions about workplace equality and economic fairness. Addressing the pay gap involves promoting equal opportunities, fair pay policies, and transparency in compensation practices.