Saturday, April 3, 2010

Korea’s Income Gap by Gender Largest in OECD

An interetsing news for the day. Korean men are still paid more than Korean women as compared to other rich countries in the world. Among the 22 Organization for Economic Cooperation and Development (OECD) countries surveyed, Korea is at the bottom list when it comes to the gap in income between men and women.
"On average full-time female employees get paid 38 percent less than their male counterparts on the basis of statistics from 2003 to 2006. The gap is more than double the OECD average of 17.6 percent."
The report also stated that European nations showed their women workers were enjoying relatively better pay. , One reason given is the sharing of the burden of child rearing, through active use of "paternity" leave aside from the maternity leave.
"As long as women rather than men take time off work to provide care for children, there will always be employers who perceive women as less committed to their career than men..."
The Ministry of Labor encourage companies to provide in-office childcare centers for working moms and stressed out that it is mandated by law that workplaces, which have more than 500 employees, should establish childcare centers for workers.
For full story:
Korea’s Income Gap by Gender Largest in OECD

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