Quantitative Data Analysis Report on Gender Pay Gap in UK

Project 1 Quantitative Data
Analysis Report
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TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
Background of the study..............................................................................................................3
Aim and objectives......................................................................................................................3
Research problem........................................................................................................................3
LITERATURE REVIEW................................................................................................................4
Reasons of gender pay gap in UK...............................................................................................4
Impacts of gender, pay gap on economic development of UK....................................................4
Ways of removing gender, pay gap and improving economic condition of UK.........................4
Data collection from office of National statistics........................................................................4
Quantitative analysis of dataset...................................................................................................5
Visualisation of collected data (200)...........................................................................................6
Findings.....................................................................................................................................10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12
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INTRODUCTION
Gender pay gap is an average difference between remuneration for men and women who are
working. There are number of countries where gender pay gap is high which means, women are
being paid less than men and this gap affect women employees as well as overall economic
condition.
Background of the study
When working women are being paid less than men at same workplace then this difference
is known as gender pay gap that has number of negative impacts on people (Boll and Lagemann,
2018). This present study is going to discuss factors that lead gender pay gap in the UK. Further,
it will discuss ways in which this gender pay gap where women employees are being paid less
than men affect economic condition and living standard of UK’s people. Research methodology
as well as data collection plays a vital role as it enables scholars in accomplishing main research
aim and helping out people.
Aim and objectives
The aim of conducting this research is: “To evaluate gender pay gap in UK and its impact
over economic development”.
Objectives
 To identify reasons of gender, pay gap in UK.
 To discuss impacts of gender, pay gap on economic development.
 To suggest ways of removing gender, pay gap and improving economic condition of UK
Research problem
Selected research topic of this study is identifying impact of gender pay gap on economic
condition of UK. It has wide scope as by conducting study on this topic, researcher can help out
local people as well as businesses. But for conducting research on this topic, there will be
requirement of number of resources, finance and time. lack of time and budget research problems
can create barriers in successful completion of this study. Completing study in a timely manner is
vital as it can improve image of researchers and can boost their confidence. So, it is important for
researchers to make an estimated budget and time plan.
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LITERATURE REVIEW
Reasons of gender pay gap in UK
According to the Costa Dias, M., Joyce and Parodi, 2020) one of the main reason of
increasing gender pay gap in UK is women’s choice of doing part time. Women have to do
household chores and when they are being allowed part time job then they tend to choose such
jobs. Employers take undue advantage of this and they pay them less as compared to men. It is
also found by Blau and Kahn, (2020) that there are more men in senior roles than women and it
is the reason as women are being paid less than men.
Impacts of gender, pay gap on economic development of UK
According to the Klasen, (2018) gender pay gap affect productivity of companies as it is
one of the major sources of productivity gain. When women are being paid less than men then it
makes them feel devalued and they feel that they are not effective much. They also think that
employers are bias because of gender reason. For this reason, they do not strive hard and it
affects overall productivity of company. Poor productivity is connected with customers’
experience and satisfaction. When customers get poor quality of products then they switch brand
and it decreases their spending that affect economic development.
Ways of removing gender, pay gap and improving economic condition of UK
As per the view of Fagan, C. and Rubery, (2018) there is one of the best ways by which
companies of UK can remove this gender pay gap and can contribute to economic condition.
using skill based assessment and doing performance appraisal on the basis of skills and
performance of individual employees, this gap can be decreased Cook and et.al., (2021)
supported this view and stated that by using structured interviews for recruitment and promotion,
this gap can be decreased as employees will be provided salary as per their skills.
Data collection from office of National statistics
As per the type of data, it is being divided into 2 parts such as primary and secondary.
Primary data collection is the one in which researcher collects brand new information and
secondary is the one in which researcher access existing literature. For this study, secondary data
has been collected via ONS. ONS collects as well as publishes statistics on economy and this
research is based on identifying impact of gender pay gap on economic condition and it is the
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