New Research Reveals That Women Are Asking For Less Pay Than They Should
Research from Reed.co.uk has shown that one factor influencing the gender pay gap might be the fact that women are underselling themselves by asking for far less pay than men are.
Men have been shown to ask for £3,900 more on average than women do when being recruited for the same jobs, a new study has shown. The research found that women stated their ‘anticipated salary’ as £19,900 on average while the average figure for men was £23,800 – 20% higher.
The figures relate to applications for UK jobs through recruitment agencies and shows that at the stage when candidates are asked what salary they expect, women were more modest than men with their answers.
While the average gap was £3,900, the research also found that the gap widens even more across some industries such as accountancy where the difference between expected salaries was largest. In that industry, men would on average request £47,000 while a female counterpart with exactly the same level of experience would as for £36,400 – a difference of 29%. The differences were also large in banking and the energy sector with 22% and 21% differences respectively.
The smallest gaps between anticipated salaries were found in law and in manufacturing, both of which revealed differences of 9%, while the trend was actually reversed in the IT industry where women asked for 2% more than men.
Lynn Cahillane from Reed.co.uk said that: “Our latest research shows a major difference in the pay expectations of men and women … Whatever your gender it’s important to never undervalue your worth at work.”
The UK recently fell out of the top 20 in the 2014 Global Gender Gap Report, falling all the way to 26.
Photo credit goes to kittenfc