22nd November 2023 is Equal Pay Day: this is the day when, because of the gender pay gap, women overall in the UK stop being paid compared to men. This means, on average, working women take home £574 less than men each month (£6888 p/a). This means:
- At the current rate of change, the gender pay gap won’t close until 2051—that’s 28 years from now
- Women aged 40 and older (those born before 1983) won’t see the gender pay gap close before they reach State Pension age
This year, to mark Equal Pay Day, the Fawcett Society released new data and a report which shows that making flexible work the default in high-quality, high-paid jobs is essential if we are to see the gender pay gap close more quickly.
Read more about Equal Pay Day and the Fawcett Society Report.