Agency, New Delhi.
Published by: Dev Kashyap
Updated Tue, 08 Mar 2022 05:29 AM IST
Summary
According to the survey, the salary paid to women is 95-99 percent as compared to men. This ratio decreases significantly as you move from middle to senior level. In the middle to senior category, the salary of women falls to 87-95 per cent as compared to men.
Despite companies emphasizing gender equality, women are under-represented in leadership roles across industries. Asset management company Mercer said in a survey report on Monday that the salary paid to women is 95-99 percent higher than that of men at the initial level.
According to the survey, this ratio drops significantly as one moves from middle to senior level. In the middle to senior category, the salary of women falls to 87-95% of that of men. Women’s wages tend to be lower than male colleagues due to key factors such as reduction in pay, slow pace of promotion, growth opportunities and representational roles, the survey said. The survey is based on data from over 900 companies, over 1.4 million employees.
Women entrepreneurs will get a boost from Samarth: Ministry
The Ministry of Micro, Small and Medium Enterprises (MSME) has launched ‘Samarth’ campaign on Monday ahead of International Women’s Day to promote women entrepreneurship. Union MSME Minister Narayan Rane said, MSME sector offers a lot of opportunities for women. The campaign will help women to become self-reliant and independent by providing them self-employment opportunities.
Expansion
Despite companies emphasizing gender equality, women are under-represented in leadership roles across industries. Asset management company Mercer said in a survey report on Monday that the salary paid to women is 95-99 percent higher than that of men at the initial level.
According to the survey, this ratio drops significantly as one moves from middle to senior level. In the middle to senior category, the salary of women falls to 87-95% of that of men. Women’s wages tend to be lower than male colleagues due to key factors such as reduction in pay, slow pace of promotion, growth opportunities and representational roles, the survey said. The survey is based on data from over 900 companies, over 1.4 million employees.
Women entrepreneurs will get a boost from Samarth: Ministry
The Ministry of Micro, Small and Medium Enterprises (MSME) has launched ‘Samarth’ campaign on Monday ahead of International Women’s Day to promote women entrepreneurship. Union MSME Minister Narayan Rane said, MSME sector offers a lot of opportunities for women. The campaign will help women to become self-reliant and independent by providing them self-employment opportunities.