Women in India earn 20 per cent less than men, indicating that gender plays an important parameter while determining salaries in India, as per a latest ‘Monster Salary Index’ (MSI) Survey. The reports shows that men earned a median gross hourly salary of Rs 231 compared to women, who earned only Rs 184.8.
Though on a year-on-year basis the gender pay gap has narrowed by about five percentage points from 24.8 per cent in 2016. However, the report highlights that the gender pay gap widens as one gains in work experience. Men with 0-2 years of experience earn 7.8 per cent higher median wages than women, and those with 6-10 years of experience earn 15.3 per cent more. Men with 11 and more years of experience earn 25 per cent higher median wages than women.
However, there is a marginally inverted pay gap in the experience group of 3-5 years, where women earn more.