What is Gender pay gap?

The gender pay gap refers to the difference in earnings between women and men in the workforce, typically expressed as a percentage of men's earnings. It arises from various factors, including occupational segregation, discrimination, differences in work experience, and the undervaluation of work traditionally performed by women. Despite progress toward equality, the gap persists across many industries and countries, highlighting ongoing issues related to gender equity in compensation. Addressing the gender pay gap requires comprehensive policy changes, workplace reforms, and cultural shifts.