Gender Pay gap

It refers to the difference in earnings between men and women in the workforce. It is typically calculated as the median or average salary of all men in a company or industry compared to the median or average salary of all women in the same company or industry. Various factors, including discrimination, differences in education and experience, and occupational segregation, can influence the gender pay gap. In many countries, there are laws and policies aimed at reducing the gender pay gap and promoting gender equality in the workplace.