DISPARITY IN THE EMPLOYMENT SPHERE: THE MEASUREMENT OF PAY GENDER DISPROPORTION
DISPARITY IN THE EMPLOYMENT SPHERE: THE MEASUREMENT OF PAY GENDER DISPROPORTION

Summary/Abstract: The labour price or the compensation for work as a fundamental basis of any working activity influences the labour market actors’ behaviour. The level and structure of pay along with labour costs are significant macro-economic indicators, which are widely used by different political, social and economic institutions to assess situation on the labour market and define labour market macroeconomic policy. A managerial theory and managerial practices considers the compensation for work as significant factor of job motivation.Today, when women play vital role in employment sphere the gender gap in the work reward still exists. The article considers the direct correlation between the gender pay disproportion and gender-gap-reasons-based disparity in the employment sphere. For the calculation and analysis of the pay gender disproportion the author introduces two indexes: the Index of Pay Gender Differentiation (PGD) and the Index of Pay Gender Gap (PGG). The Index of Pay Gender Differentiation (PGD) expresses not only the existing relation between men’s and women’s pay but defines the dynamics for their closing on. The using of the Pgd promotes to define the direction for attain of gender equality on the employment sphere and a priori assumes to overcome the source of gender inequality in the labour market.The Index of Pay Gender Gap (PGG) shows pay deviation from ideal gender pay equilibration.

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