Expert Market has conducted new research into the factors that affect the gender pay gap in the EU, with Luxembourg occupying 10th spot.
By modelling current pay gap trends into the future for five economic factors (hours worked, sector, age, industry and job type), we have identified both the countries and the groups of women who will see the gender pay gap close quickest.
Surprisingly, Romania took the top spot with a potential gender pay gap closure date of 2018 with women aged between 25 and 34, working a skilled manual role within the private hospitality industry most likely to achieve equal pay first.
In all of the top performing nations, the quickest routes to gender pay equality favoured women currently aged 34 or under and who worked in some capacity for the government or in the electricity and energy sector.
Luxembourg finished tenth in the rankings with a pay gap closure date of 2026. This favoured women aged 35-4 who worked a full-time professional role within private education.
At the opposite end of the table, women in the U.K, Portugal and Hungary will be waiting for pay parity until 2067, 2068 and 2068 respectively.
Michael Horrocks from Expert Market commented “Although it is troubling to see the gender pay gap persisting in the EU, it is encouraging to see several potential closure dates in the near future. This research indicates that the traditional European powers - U.K. , France & Germany - could be doing more to help close the gender pay gap.”
The full report can be found at www.expertmarket.co.uk/focus/closing-eu-gender-pay-gap
