The struggle of women to achieve the long-awaited parity of wages with respect to men is waging a new battle: today it is focused on convincing companies that gender equality, in the workplace, can also be good business.
This initiative is promoted by the United Nations (UN) Women, in partnership with the International Labor Organization (ILO) and is financed by the European Union (EU). In Argentina, some 70 companies joined the movement and decided to adhere to the “Women’s Empowerment Principles”.
“The wage gap reduces consumption, causes the loss of talent, produces discrimination in working conditions, inequality in parental leave, among other damages, which is why companies must work to reduce it as a real opportunity for growth”, says Aude Maio Coliche, head of the delegation of the European Union (EU). The board was invited to an event, within the framework of the UN initiative, entitled “Tools for the elimination of the wage gap in the private sector”, which was held at the headquarters of the Bank of Galicia.
According to the data presented by the EU benchmark, the wage gap in Argentina ranges between 25 and 27%, while in Europe, it averages 16%. “The issue is far from being solved,” he said. “Because we have not made the mentality change yet.” According to his vision, the salary gap between men and women remained steady in the last five years but it would end up closing only in 80 years, “according to the most ominous forecasts.
According to the ILO, closing the wage gap by 25% would allow an increase of US $ 5.3 billion of world GDP in 2025.
With the idea of accelerating those times, the meeting set out to act in more concrete ways to eradicate differences, among other ways, by presenting tools that accompany the private sector in this process.
A basic aspect, according to Mabel Bianco, recognized expert in the subject and delegate of the W20, is not only to promote entrepreneurship among women, “we need the insertion of women in productive jobs, which today are basically occupied by men,” he said. alluding to the fact that women tend to occupy more precarious positions, with lower salaries and lower hours.
Then, the official Graciela Guzman, secretary of Promotion, Protection and Technological Change, provided other data, such as that the labor participation of women, in the country, is 49.1% and that of men, 69.5% . Also that unemployment affects 10.5% and 7.8% respectively and that participation in unpaid work borders 58% in the case of men and 89% in women.
Finally, Raquel Coello, regional specialist in Economic Empowerment of UN Women, showed a new tool that, in short, will be available for companies that want to monitor the salary differences within their organization. It is a simple “excel” that gives scores to employees of both sexes according to their qualification, responsibility, effort and working conditions.