Qualified advisers answering your
Financial Questions
call 0800 092 1245

Gender pay gap falls to 9.4%


The average gender full-time pay gap is at it’s lowest since records began in 1997, official figures show.

The figures show that in April the pay gap still stood at 9.4%, but this was lower than the 10% gap a year earlier. This averages out to around £100 a week, according to the Office of National Statistics.

The figures show that this is due to men’s wages dropping faster than women’s in real terms. Weekly earnings fell by 1.6% compared to last year. The £1 rise in full-time median gross pay for men and women to £518 a week was the slowest rise since records began in this form in 1997.

Weekly earnings suggest men are paid more in all age groups, but hourly earnings show that women working for more than 30 hours a week, aged 22 to 29 years, were actually paid 1.1% more than men in the same bracket.

The gap for all workers, full time and part time, also fell to 19.1%. The TUC said the gap could be cut further with better paid, flexible, part-time work opportunities, and better paid leave for fathers to encourage more equal parenting.

The rights for parents to have equal leave will be extended next year, and the government has also invested in training and mentoring to encourage more women into higher paid, higher skilled jobs.

Chancellor George Osborne said the figures were "another sign of progress in the fight for equal pay".

Need financial advice?

If you have any personal finance questions related to this news article, then please contact our financial advisers. You can get in touch by asking a question online, calling us on 0800 092 1245, or by arranging a visit.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details