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Is The Gender Pay Gap Bigger Than We Think?
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Is The Gender Pay Gap Bigger Than We Think?
Britain’s gender pay gap is bigger than official figures suggest. A study from Bayes Business School shows that the Office for National Statistics (ONS) has understated the gap by about one percentage point for the past 20 years. The reason is not fraud by employers but bias in the way the data are weighted. The ONS relies on the Annual Survey of Hours and Earnings to track pay. The survey is meant to reflect the whole workforce. But the Bayes t…
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