Gender pay gap closing The pay gap between full-time men and women under 40 has closed to around 1 per cent, new Government analysis has revealed.

But the gender gap climbs substantially when part-time workers, who are mostly women, are included.

The department for media, culture and sport’s report, Secondary Analysis of the Gender Pay Gap, monitored trends in pay between 1997 and 2013. It shows the gender pay gap has closed during this period for every age group except those older than 60.

In 2013, the median pay gap, when part-time and full-time workers are combined, was 19.7%, up by 0.1 percentage point on 2012.

The median pay gap remains so high as there is a huge pay discrepancy between men and women at senior ranks and a much larger proportion of women (43.2% compared with 13.7% of men) are in part-time positions, often subject to worse pay and career prospects.

The biggest gap in pay is among those aged 40 to 49 at 26.7%. The lowest gaps are for 18 to 21 year-olds at 3.5% and 22 to 29 year-olds at 5.3%.
For full-time workers, the pay gaps under the age of 40 are around 1%, but this climbs to 15.7% for 40 to 49-year-olds and 17.5% for 50 to 59-year-olds. 

For part-time workers, women earn more up until the 40 to 49 year-old group, where men earn 7.5% more, climbing to 11.8% more when 60 and older.
The study also found that pay inequality tends to get worse the more income you earn: 7.2% for workers in the lowest 10th percentile of earnings compared to 23.4% for the highest.

See more at: http://www.hrmagazine.co.uk/hro/news/1143055/gender-pay-gap-closes-employees-remains-timers#sthash.rUUv9GH1.dpuf

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