Policy Brief: Bridging the Gender Pay Gap

Ketkar, S., Puri, R. and Chowdhury, S.R. 2023. Policy Brief: Bridging the Gender Pay Gap. T20 Policy Brief.

TitlePolicy Brief: Bridging the Gender Pay Gap
AuthorsKetkar, S., Puri, R. and Chowdhury, S.R.
Abstract

Gender pay gap (GPG) is a complex issue that various forums, including the G20, have attempted to discuss. Mitigating GPG requires large-scale transformative changes, but constraints on financial resources and public spending, along with cultural norms and deep-seated societal beliefs, make it a difficult task. Proposed actions, therefore, must be economically prudent and actionable. This Policy Brief offers five recommendations for the G20 to help bridge the gender pay gap. These include: introducing pay transparency legislation; mandating data-driven gender budgeting; increasing emphasis on parental leave; promoting women in STEM subjects; and engaging with the industry by proposing initiatives such as exclusive women only portals, reporting on gender, facilitating leadership programmes, and ‘de-biasing’ organisations. These proposals can help policymakers move the needle on gender equity, promote social justice, and improve economic outcomes.

Year2023
PublisherT20 Policy Brief
Publication dates
Published2023
File
File Access Level
Open (open metadata and files)
Web address (URL)https://t20ind.org/research/bridging-the-gender-pay-gap/

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