Gender continues to be a significant parameter in determining salaries, as men earned a median gross hourly salary of Rs. 345.8, whereas women earned Rs. 259.8 in 2016.
The current gender pay gap in India stands at 25% where men earned a median gross hourly salary of Rs. 345.8, in comparison women earned only Rs. 259.8. The gap has narrowed by two percentage points from 27.2% in 2015 and is closer to the 24.1% in 2014.
Analysing the employment intensive sectors, the Monster salary index derives that the average gender pay gap in the Manufacturing sector stood at 29.9%. This is an improvement of 5 percentage points from 2015, however the highest in India. This was followed by a 25.8% pay gap in the IT sector. The gender pay gap in the BFSI sector was at 21.5%, slightly under the general gender pay gap in India (25%). In Education and Research sector the average gender pay gap was at 14.7%.
It’s not just ‘glass ceilings’, there are ‘glass floors’ ‘glass doors’ and ‘glass walls’
Majority of the survey respondents’ (97.2%) fall under 1-10 years’ experience category out of which a whopping 60.2% are with 1-3 years’ experience and only 2.7% women with an experience of over 10 years.
One of the reasons could be that women are forced to quit their jobs or take leaves due to ‘life stage needs’ like maternity and child care. About 13.1% feel the absence of proper child care is one of the biggest challenges for women professional. This can be taken care of by an ability to do the same job from home or child care facilities at workplace.
Sign Up for nextbigwhat newsletter
Download Pluggd.in, the short news app for busy professionals
