The Fawcett Society would have you believe, as part of its Equal Pay Day campaign, that today is the day “women effectively stop earning relative to men”, highlighting the gender pay gap, which they place at 14.1 per cent for full-time workers.
If that number seems high to you, or not reflective of your working environment, that is because this 14.1 per cent can only be achieved by including outlier salaries that skew the figure towards high earners. Rather than using the Office for National Statistic’s official figure of 9.1 per cent (calculated using the median hourly earnings of full-time workers), Fawcett uses the ONS’s mean calculation instead, to achieve a figure five percentage points higher than the preferred figure.
Fawcett claims it uses the mean to take “into account the fact that more men than women are earning higher wages at the top”.
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