According to Accenture research, the gender pay gap is as wide as ever. Globally, for every $100 a woman makes, a man makes $258. If the current state of the workplace remains the same, women will not earn equal pay until 2080 in developed markets and until 2168 in developing markets. Accenture’s report “Getting to Equal 2017: Closing the Gender Pay Gap” offers compelling evidence for how to expedite career opportunities for women and equalize the pay scale across genders.
How can we close the pay gap and get to equal faster? Three elements are powerful equalizers:
Digital fluency: The extent to which people use digital technologies to connect, learn and work. Digital fluency has the power to reduce the pay gap 21% worldwide by 2030.
Career strategy: The need for women to aim high, make informed choices and manage their careers proactively. Career strategy has the power to reduce the pay gap 9% worldwide by 2030.
Tech immersion: The opportunity for women to acquire greater technology and stronger digital skills to advance as quickly as men. Tech immersion has the power to reduce the pay gap 5% worldwide by 2030.
These powerful equalizers are vital to encourage greater female participation in the workforce and enable career advancement. Business, government and academia all have an important role to play in closing the gender pay gap, and collaboration among these organizations is key to providing the right opportunities, environments and role models to lead the way for change.
We believe the future workforce is an equal one. That’s why we are taking a major step toward advancing gender equality by setting a new goal to achieve a gender-balanced workforce, with 50 percent women and 50 percent men, by 2025.
Ready to join a company committed to advancing gender equality? Check out career opportunities with Accenture today.
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