E&M

2021/4

Alessandra Casarico

Gender Pay Gap: The Role of Businesses

Over the course of the last 30 years, gender pay differences in the private sector in Italy have fallen considerably, although they remain very noticeable among high incomes: the difference between men and women is 30 percent, in favor of the former. In 2021, the birth of a child still represents one of the main factors that contributes to accentuating the gender employment and pay gaps. In Italy, the child penalty – the percentage loss of income that mothers suffer following a pregnancy – is among the highest in Europe.#On the other hand, approximately 30 percent of the pay gap depends on the compensation policies that businesses adopt for men and women. In this regard, in March 2021 the European Commission presented a proposal for a directive on pay transparency, to ensure that women receive equal compensation for their work.

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