The Statista released a new infographic on the gender pay gap in the UK. The gap is gradually coming down at 8.6 percent compared to 9.1 percent last year. It was among full-time employees.
There are large differences across the age groups, with a stark change from the age of 40 onwards. The pay for men and women in full-time positions is quite close to parity, until the age of 40. Women over the age of 50 currently have the worst in the UK, with an average pay gap of over 15 percent.
The gender pay gap is calculated as the difference between the average hourly earnings of men and women as a proportion of the average hourly earnings of men's earnings. The gender pay gap for median gross hourly earnings in the UK, by age group as of April 2018 are:
1.9% - 18-21 years,
1.3% - 22-29 years,
0.8% - 30-39 years,
12.8% - 40-49 years,
15.5% - 50-59 years,
15.6% - 60+ years.
Image source: https://www.statista.com/chart/15911/gender-pay-gap-uk-by-age/
Image license: CC-BY-ND