SOUTHPORT, Conn.–(BUSINESS WIRE)–Despite three in four workers (75%) saying they are aware of gender pay
gaps existing in their country, nearly one in five (19%) admit they are
not aware. More U.S. workers (21%) are unaware of gender pay gaps than
UK workers (17%); among age groups, Millennials (24%) are the most
unaware, compared to 16% of Gen Zs and 11% of Baby Boomers. These
findings are according to beqom’s
Gender Pay Gap: What Your Employees Really Think report, which
assesses enterprise worker perception on progress made in the last year
to improve the gender pay gap in the U.S. and UK and aims to uncover
employee perceptions about pay and identify areas for improvement.
When it comes to preventing or closing pay gaps, employees believe the
U.S. significantly trails the UK, with nearly one-third of UK workers
(32%) saying their employer has announced a commitment to solve the pay
gap compared to 13% of U.S. workers. Additionally, more UK workers (18%)
say their employer has adjusted salaries for female employees compared
to U.S. workers (15%) and more UK workers (24%) say their employer
recently created an internal mentoring/training system for employees
than U.S. workers (19%).
“The Gender Pay Gap: What Your Employees Really Think report
reveals that, despite the increased efforts of employers and lawmakers,
enterprise employees believe there is still a long way to go to close
pay gaps, especially in the U.S.,” said beqom co-founder and CMO Tanya
Jansen. “We commissioned the survey to uncover differences between U.S.
and UK employee perceptions, and we found that UK employees are
consistently more likely to say that initiatives to close pay gaps are
working in their country. The gender pay gap is a global issue that
deserves every business’s attention, and we hope that this report sparks
discussions around how to take effective action.”
Additional findings from the report show that:
Employees want their governments to solve social inequality issues.
When asked which issue they think is most important for their
government to prioritize solving, one-third of UK workers (34%)
say social inequality, including gender pay issues
Three in five (44%) U.S. workers say health insurance reform is
most important for government to prioritize, followed by social
inequality, including pay gap issues (21%).
- When asked which issue they think is most important for their
Workers in the tech sector don’t think their employers take closing
the gender pay gap seriously
Less than half (49.8%) of Telecommunications and
Software/Technology workers believes their employer/manager takes
closing the gender pay gap seriously.
Additionally, Millennials (47%) overall are the least likely to
believe their manager/employer takes closing the gender pay gap
seriously, compared to Gen Zs (54%) and Baby Boomers (52%).
- Less than half (49.8%) of Telecommunications and
Pay gap transparency could attract and retain tech workers
37% of enterprise Software/Technology workers say they would seek
a job at a company that disclosed a lower gender pay gap than the
company they currently work for.
By generation, Gen Zs (70%) are the most likely to say they would
be more willing to work at a company that discloses its gender pay
gap figure each year over Millennials (60%) or Baby Boomers (62%).
- 37% of enterprise Software/Technology workers say they would seek
Women are more likely to work for companies that prioritize the
gender pay gap
- Women (78%) are more aware of pay gap issues than men (72%).
Nearly three in four (70%) women say they would be more willing to
work at a company that discloses its gender pay gap figures each
U.S. workers (65%) are more likely than UK workers (60%) to say
they would be more willing to work at a company that discloses its
gender pay gap figures each year.
Employees believe there should be a national law mandating
companies to disclose gender pay gap figures
Nearly three in four (73%) of those surveyed believe there should
be a national law mandating companies to disclose gender pay gap
This figure is slightly higher in the UK (74%) where such a law
exists than in the U.S. (72%) where it does not.
Gen Z workers (84%) are the most likely to believe there should be
a national pay gap reporting law. More than four in five women
Three in five (61%) said they are more likely to support or
advocate for a political candidate or government official that
prioritizes pay equity.
- Nearly three in four (73%) of those surveyed believe there should
To learn more about beqom’s The Gender Pay Gap: What Your Employees
Really Think report and view additional findings, download
the full report here.
Happiness is the best driver for success.
Our mission is to make the workforce of our customers happy. beqom
drives happiness by allowing business managers to lead, align and
motivate employees and partners. beqom’s cloud-based total compensation
platform is used globally across all industry sectors by over 100 large
companies such as Microsoft and Vodafone. It addresses all performance
and compensation aspects such as salary review, bonus, long-term
incentives, commissions, benefits, non-cash rewards and all key drivers
towards Employee Performance Management and Sales Performance
Management. HR, sales and finance organizations leverage our platform to
drive performance, retention, cost optimization and…happiness among
their people. beqom – to make your people happy.
Learn more at www.beqom.com.
Katherine McCabe, +1 408 899 0140