The one thing you can do to close the gender pay gap

Closing the gender pay gap comes down to one thing, according to a new report from Korn Ferry Hay Group.

While the research shows a discrepancy between what men and women make, the researchers argue that it is not as simple as it's often portrayed to be.

“I’ve spent a lot of time screaming at the TV because a lot of the analysis and data that is put out there is misleading,” Ben Frost, Global Product Manager at Korn Ferry Hay Group, tells HR Grapevine. “That doesn’t mean that there isn’t a pay gap, but that a lot of the other analysis out there is approaching it from the wrong angle and failing to identify what the issue is and how to solve it.”

The researchers looked at 292 companies across different sectors. It revealed that overall, there is a pay gap of 28.6% between men and women.