Gender and Ethnicity Pay Gaps Persist, Urgent Action Needed Now!
The pay gaps for gender and ethnicity in the UK have decreased since the mid-90s, but still remain significant. Female ethnic minority workers face a larger pay gap compared to other groups. Factors like age, education, and job type account for half of the gender pay gap. The minimum wage helps reduce the gender pay gap. Ethnic minorities should be earning more than white counterparts based on compositional effects. There is a need to expand pay gap reporting to include ethnicity and smaller firms to cover more employees.