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New Report On Irish Gender Pay Gap Is Particularly Depressing For Female Masters Graduates

New Report On Irish Gender Pay Gap Is Particularly Depressing For Female Masters Graduates

New research released by recruitment company, Morgan McKinley, has found that the Irish gender pay gap is wider between men and women who hold higher third-level qualifications.

The report states that there is a 10% gap between men and women holding BA degrees. The gap is much wider between those holding MA degrees, increasing to the point where women could potentially earn an average of  €33,500 less than their male counterparts holding the same qualifications.

The pay gap also sees an increase with experience as the disparity between men and women with 0 - 5 years of experience is 12%, when the level of experience increases to 15 years, women earn 28% less than men.

 

Among different areas of employment the pay gap is at its widest in the financial sector, sitting at at 29%. conversely, the gap is at its narrowest in accounting and auditing which respectively sit at 5% and 8%.

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Women do earn 15% more than men in HR, but the report clarifies that  this is down to a higher proportion of women in leadership roles within this sector.

Across the workforce as a whole,  the gender pay gap is 20%, meaning women on average, earn up to  €12,500 less a year than men.

 

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Kyle Mulholland

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