The World Economic Forum says that at the current rate of change, it will take until the year 2133 for the global pay gap between men and women to be closed. According to its annual Global Gender Gap Report, women now earn what men did a decade ago.
The World Economic Forum's Global Gender Gap Report has ranked Pakistan at 143 out of 144 countries surveyed. The disparity represents a systemic and historical disadvantage for women in Pakistani society.
Prospects for workplace gender equality have slipped back to 2186 after a dramatic slowdown in progress, the WEF stated in its latest report on the issue. But some developing and emerging markets have made progress.
Female leaders steer big corporations and major economies. But at the World Economic Forum they are still grossly underrepresented, with only 20 percent of participants being women, reports Manuela Kasper-Claridge.
Germany's ruling coalition parties have agreed changes to a draft law that would narrow the gender gap on pay. Medium and large firms will be most affected by the new plans.
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