Gender Inequality And Gender Pay Gap - 1543 Words

In this essay, four theories are assessed in relation to the magnitude of the gender pay gap in the UK. These theories are taste discrimination, statistical discrimination, human capital and occupational segregation. Other research and data are included in this essay as evidence to support the different theories. The four theories covered in this essay all provide some explanation for the gender pay gap in the UK, some more than others – statistical discrimination theory having the highest explanatory power for the magnitude of this pay gap. The gender pay gap can be defined as the difference in the amount of earnings between men and women; and in the UK, as well as other parts of the world, there is an absence of economic equality. In†¦show more content†¦There is also evidence to women being much less likely to become a manager as there are only 32.2% (Allen, 2015) of senior and middle-level managers who are women in 2012 which indicates a ‘glass-ceiling’ that adds to the difference in pay between men and women. Becker’s taste discrimination model is therefore an explanation of the magnitude of the gender pay gap in the UK and it has high explanatory power. This is due to there being a large amount of evidence to support there being an aversion to hiring women and preference of hiring men over women. Another theory that can explain the magnitude of the gender pay gap in the UK is the ‘statistical discrimination’ model that was developed by Phelps, Arrow and Cain. In this mod el, there is differential treatment of members of the minority group because of imperfect information which then leads to discrimination to that group. (Bertrand, Duflo, 2016). In terms of gender pay gap, this model means that different genders are treated differently and because of faulty information about the genders, women are discriminated against resulting in a gender pay gap. This imperfect information comes from applying average characteristics the employer believes they know about women and applying it to individual women who are applyingShow MoreRelatedGender Inequality : Gender Pay Gap975 Words   |  4 PagesThe gender pay gap in Hollywood The gender pay gap is the difference in pay earned by men and the pay earned by women.( Pay Equity Commission, 2012). There are various ways in measuring the pay gap between genders, such as full- time or full- year wage. 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