Bangladesh Wage Equity

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2021/03/23
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The disparity in average earnings between female and male employees is commonly referred to as the "gender pay gap" (Gender Equality: Gender Pay Gap, 2019). This term typically refers to the median annual earnings of women working full-time and year-round, compared to their male counterparts. Alternative measures of the gender pay gap focus on weekly or hourly earnings or are specific to particular groups of women (Vagins, 2019). In this essay, we will explore the nature of the gender pay gap, its implications, and its presence in Bangladesh, while proposing strategies to bridge this inequality.

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In an era characterized by technological and industrial advancements, women have increasingly joined the labor market alongside men. Historically, women were confined to household tasks, with men serving as the primary earners. As societal norms evolved, women began to participate in formal employment and earn wages. However, a noticeable pay disparity between genders persists in many workplaces. This wage differential, often influenced by gender bias, is a pressing form of gender inequality that affects women globally. Conversely, in certain situations, men may earn less than women, highlighting the complexity of this issue. Factors contributing to the gender pay gap include social barriers, patriarchal structures, perceptions of women's roles, and broader gender inequality.

Challenges in Bangladesh

Like many nations, Bangladesh grapples with a gender pay gap in both formal and informal employment sectors. Women bear the brunt of unequal wages, driven by their socio-economic status and deep-rooted gender inequality. Cultural barriers further complicate the issue, as traditional views often discourage women's participation in the workforce. The glass ceiling effect, which hinders women and minorities from ascending to top corporate positions, is another factor at play. Consequently, women in Bangladesh frequently receive lower pay, reflecting both cultural and systemic challenges.

Literature Review: Global and Local Perspectives

A wealth of academic literature examines the gender pay gap, though much of it focuses on Western and developed countries. Research specific to Bangladesh is relatively scarce. According to The Lancet (2018), the World Economic Forum estimates that it will take 217 years to close the global gender gap. In the UK, for instance, men’s median hourly pay exceeds women's by 18%, despite legal prohibitions against paying women less for equivalent work. This discrepancy underscores the broader challenge of achieving pay equality.

Claudia Goldin's "How to Achieve Gender Equality" highlights that women with comparable education and experience earn less than men on average. In 2010, the average earnings ratio for female workers (full-time, full-year, aged 25-69) compared to their male counterparts was 0.72, with a median pay ratio of 0.78. Olivia Mitchell of the Wharton School identifies key contributors to the wage gap: penalties for motherhood, women's negotiating skills, and employer bias.

Methodology: Analyzing the Data

To investigate the gender pay gap in Bangladesh, this study utilizes secondary data from the Bangladesh Labor Force Survey 2016-2017, conducted by the Bangladesh Bureau of Statistics. Several factors contribute to women's lower wages, including their socio-economic status, which often renders them vulnerable in the labor market. Patriarchal perceptions, limited education, lack of skills, and early marriage further exacerbate this issue.

Cultural barriers also inhibit women's earnings, as traditional views in rural areas frequently oppose women's participation in the workforce. The glass ceiling effect is evident in formal sector employment, where women receive lower pay in many occupations. This effect underscores the systemic barriers women face in climbing the corporate ladder.

Despite these challenges, Bangladesh's gender pay gap is relatively smaller compared to global figures. According to a study, the gender pay gap in Bangladesh was 57% in 2017, down from 54% in 2016. Notably, Bangladesh is the only country where the factor-weighted hourly wage gender pay gap is positive. A report by the International Labour Organization (ILO) indicated that the gender wage gap in Bangladesh decreased to 2.2%, compared to the global average of 21.2%.

Conclusion

From a gender perspective, the gender pay gap significantly impacts women, affecting their socio-economic status and perpetuating income inequality. It is imperative to address this issue to achieve gender equality in Bangladesh and beyond. Efforts to close the gender pay gap should focus on dismantling cultural barriers, promoting women's education and skills development, and ensuring equitable workplace policies. By fostering an environment of empowerment and equal opportunity, societies can move toward a future where gender no longer dictates earning potential. Closing the gender pay gap is not only a matter of fairness but also a crucial step toward realizing the full potential of every individual, regardless of gender.

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Bangladesh Wage Equity. (2021, Mar 23). Retrieved from https://papersowl.com/examples/gender-pay-gap-situation-in-bangladesh/