Women working in the EU lose €358 billion a year due to the gender pay gap, amounting to almost €3,900 per person, as several European countries missed the bloc's Pay Transparency Directive deadline.
Non-compliance with European pay transparency regulations costs each female worker in Spain an average of €425.90 per year, according to a report published by the European Trade Union Confederation (ETUC). According to the European Trade Union Institute, the ETUC's research arm, the gender pay gap in Spain is €2.31 per hour: men earn an average of €18.86 per hour, compared to €16.55 for women.
If this gap were reduced by 10% through pay transpa…