Here’s how much less women in tech get paid compared with men
Women working in the technology industry in the UK are being short changed.
They are earning nine per cent less on average than their male counterparts in the same job, losing out on around £5,000 per year.
And women in the UK are losing out more than those working in tech in other top hubs around the world. Women in the US earn eight per cent less while in Canada the figure stood at seven per, and five per cent in Australia.
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While the gender pay gap is widely recognised, the new figures from Hired, a startup specialising in tech recruitment, sheds light on the tech industry specifically, where women are already underrepresented in the workforce.
The report comes ahead of Equal Pay Day on 10 November – the day of the year when women effectively stop earning in relation to men. The Fawcett Society estimates the current gender pay gap across sectors at 13.9 per cent.
The figures – based on more than 10,000 job offers made on Hired.com – on earning expectations also show that women lower their outlook compared to men when they reach a higher level.
The data also suggests that the wage gap grows the further on in people's careers. The gap between male and female earnings stood at seven per cent at entry level, growing to 10 per cent for those with between two and six years experience. By the time tech workers have been in their career for more than six years, that difference widens to 31 per cent.
Read more: Gender pay gap reporting will be the catalyst for real change in workplaces
The gap was also found to be widest at mid-sized firms. The difference between men and women's pay was found to be higher than average at 17 per cent.
"A possible hypothesis for this is that these companies aren’t big enough to be subject to regulation like larger companies, but they are too big to have the same level of transparency across all hiring managers and divisions that a smaller company has," said the report.
Hired is urging companies to investigate their hiring policies and also to look at salary based on market worth rather than pervious salaries which may be bias.