Equality Pays Off
In total, 34 countries are targeted by the "Equality Pays Off" initiative.
- The European population is shrinking and ageing. The result is a decrease in the number of suitably qualified people available on the job market.
- In a globalised economy, Europe needs high-quality products and services to keep ahead of its competitors. At the same time, businesses face the challenge of ever more complex technologies.
- Only 59% of women participate in the labour market as opposed to 70% of men. (see: Eurostat, 2011)
- 34% of women work part-time compared to 8% of men. (see: Eurostat, 2013)
- More than six million women in the European Union state that they cannot work full-time due to family responsibilities. (see: European Foundation for the Improvement of Living and Working Conditions, 20120, p.3)
- Only 16% of board seats at Europe’s largest companies are filled by women. (see: European Commission, database on women and men in decision making, 01/2013)
- On average, women earn 16% less than men. (see: Eurostat, 2010)
- Although women are more likely to have a qualification in tertiary education – 25% of women compared to 22% of men – on average, they earn less than men and are less represented in management positions. (see: Eurostat, 2011)