{"id":31398,"date":"2017-09-21T11:13:23","date_gmt":"2017-09-21T03:13:23","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=31398"},"modified":"2017-09-21T17:38:45","modified_gmt":"2017-09-21T09:38:45","slug":"gender-wage-gap-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/gender-wage-gap-malaysia","title":{"rendered":"Women Should Leave Work At 4:21pm. Here\u2019s Why!"},"content":{"rendered":"
On average, women in Malaysia get paid 79 sen to a ringgit earned by men.<\/p>\n
This is based on the average gender pay gap published in the Salary and Wages Survey Report 2016 <\/em>released by the Department of Statistics Malaysia. But is gender wage gap a myth or does it really exist?<\/p>\n Not only is the pay gap real, there is even a mismatched perception of the gender pay gap! According to Hays, a recruitment agency, 79% of men think there is equal pay between genders<\/a> compared to 66% of women.<\/p>\n If you are a female, you may be \u201cpissed off\u201d with that stat, but you shouldn\u2019t be surprised. Gender wage gap doesn\u2019t just happen in Malaysia, it is prevalent around the world.<\/p>\n When we break down the gender gap in income according to occupation, we found that skilled agricultural, forestry, livestock and fishery workers have the highest wage gap at 31%. Using the average pay per hour of a male, we found that these female workers are only paid up to 3:36pm daily!<\/p>\n Assuming that they work a 9-to-6 job with an hour for lunch, these female workers have been working two hours and 26 minutes for free every day!<\/p>\n However, surprisingly, unlike developed countries like the US, the gender pay gap narrows down as one climbs up the career ladder. The pay gap for managers in Malaysia is only 12%, but it almost doubles for professionals at 23%.<\/p>\n There are many underlying reasons to why females are paid lower than males around the world, Malaysia included. However, it\u2019s undeniable that female participation in the workforce brings benefits to a country\u2019s economy.<\/p>\n When the Female Labour Participation Rate (FLPR) in Malaysia climbed to 54.1% in 2015 from 46.8% in 2010, it was estimated to have contributed an additional 0.3 percentage points to GDP growth<\/a> per annum.<\/p>\n However, to attract more women to join and rejoin the workforce, the gender wage gap needs to be addressed. Employers can address this phenomenon by determining their employee\u2019s salary based on the market value for his or her skills, experience and location, instead of current wages, which could be influenced by past biases or inequities.<\/p>\n Putrajaya can draw up new legislation and amend existing laws to protect women from discrimination in the workforce.<\/p>\n
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\nHere are how different stakeholders can combat gender wage gap in Malaysia:<\/p>\n<\/span>1) Employers or companies<\/strong><\/span><\/h2>\n
<\/span>2) The government<\/strong><\/span><\/h2>\n