The gender pay gap has been a workplace reality for years. The World Economic Forum’s 2017 Global Gender Gap Report calculated that at the current rate of change it will take 217 years to close the global economic gap between genders. The issue hits close to home, with Willis Towers Watson research showing that women in Singapore earn about 25% less than men – most commonly in banking, financial services, and real estate sectors.
An industry expert passionate about resolving gender pay disparity is Shai Ganu, managing director, and rewards business leader – Asia Pacific, Willis Towers Watson. In his view, this is a societal issue as much as a business issue, given that on average globally, for every one dollar a man makes, a woman is paid 80 cents.
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