News: India IT industry faces a gender pay gap of 29%

Compensation & Benefits

India IT industry faces a gender pay gap of 29%

Monster India, one of the leading online career and recruitment solutions providers in the country, launched the ‘Monster Salary Index India IT Sector Report 2014’ at the NASSCOM HR Summit 2014 held in Chennai yesterday. Monster Salary Index (MSI) is an initiative by Monster India in collaboration with Paycheck.in (managed by WageIndicator Foundation) and IIM-Ahmedabad as a research partner. One of the most astounding findings of the report is that the gender pay gap in the IT industry is as high as 29 per cent. As per the Monster Salary Index, the male IT worker receives gross salary of ₹ 359.25 per hour while female receives ₹ 254.04 per hour. This disparity possibly emerges from the fact that men get promoted to supervisory position more often than women.

Monster India, one of the leading online career and recruitment solutions providers in the country, launched the ‘Monster Salary Index India IT Sector Report 2014’ at the NASSCOM HR Summit 2014 held in Chennai yesterday. Monster Salary Index (MSI) is an initiative by Monster India in collaboration with Paycheck.in (managed by WageIndicator Foundation) and IIM-Ahmedabad as a research partner. One of the most astounding findings of the report is that the gender pay gap in the IT industry is as high as 29 per cent. As per the Monster Salary Index, the male IT worker receives gross salary of ₹ 359.25 per hour while female receives ₹ 254.04 per hour. This disparity possibly emerges from the fact that men get promoted to supervisory position more often than women.

To read the complete press release, write to info@peoplematters.in

Read full story

Topics: Compensation & Benefits, #Trends, #National, #TotalRewards

Did you find this story helpful?

Author

QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1599122279/mag-september-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Are we too remote for our employees?

Participate and get your free pulse report.

Participate Now