What is the gender pay gap?
The gender pay gap is the difference between the average hourly pay of women and men, as a
proportion of men’s pay. Government data has indicated a mean gender pay gap of 10.7% for full time-workers. This compares to 10.9% in 2022. At the current rate of decrease, it would take until 2051 to close the gender pay gap.
Mean and Median Pay Gap
The ‘mean’ is the average result when everyone’s earnings are added up and divided by the
total number of datapoints.
The ‘median’ is the middle value for pay when the entire dataset is placed in order from lowest to highest pay (or vice versa).
The mean (or median) gender pay gap is the difference between men’s mean (or median) earnings and women’s mean (or median) earnings.
