Gender Pay Gap: Management Report on Genpact Organisation

Gender pay gap

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Prepare a Management Report on Gender Pay Gap....................................................................1
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Gender pay gap is also known as gender wage gap is defined as average difference
between pay or other financial compensation for women and men working within an
organisation. It has been observed that women are being paid less than men even though they
have same eligibility and experience in specific field as men (Aksoy, Özcan and Philipp, 2021).
The gender pay gap is described as a global established measure about position of women in
economy in comparison to men. This situation is the outcome of economic and social
components that combine in order to minimize earning capability of women over their lifetime.
Reducing gender pay gap is not just about providing equal pay to women as men. But it also
requires to remove barriers which stop women to work instead of allowing them to participate
equally in workplace. The following report discuss about gender pay gap by considering Genpact
organisation which is based in UK. The report contains aims, legal regulations, cost and benefits
associated with gender pay gap.
MAIN BODY
Prepare a Management Report on Gender Pay Gap
According to the report of Institute for Fiscal Studies it has been estimated that policies
implemented by government of UK made no difference to gender gap in the last 25 years. In the
year 2019, it has been observed that on an average women who are working tend to earn almost
40% less a week and around £3.10 less an hour in comparison to man (UK gender pay gap
unaffected by government policy over past 25 years, 2021). Furthermore this report by IFS also
compare earning data between the year 2019 and 1995 which suggested that women were paid
less than men at workplace which was conducted on 2 million people aged around 20 to 55 years
(UK gender pay gap unaffected by government policy over past 25 years, 2021). Another part of
IFS report called Deaton Review of Inequalities states that minimum wages have minimized the
hourly pay gap in which men who has left their schooling at the age of 16 are being paid around
17% more an hour than women. And men who are graduates earned almost 23% more an hour
than their female colleagues. This represents that there is no progress in reducing gender pay gap
(UK gender pay gap unaffected by government policy over past 25 years, 2021).
Aims of Gender Pay Gap
1