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India suffers from huge gender pay gap: Monster Salary Index

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first_imgNew Delhi, May 17 (PTI) Amid raging debate over gender pay gap globally, a new report shows the figure for India stands as high as 27 per cent, where men earned a median gross hourly salary of Rs 288.68 while women earned Rs 207.85 per hour.As per the latest Monster Salary Index, by online career and recruitment solutions provider Monster India, in the IT services sector the median gross hourly salary was the highest at Rs 337.3.But the IT services sector has a huge gender pay gap of 34 per cent. Men in IT services earn Rs 360.9 per hour, while women earn only Rs 239.6 per hour.A sector-wise analysis shows the gender pay gap was highest in manufacturing sector (34.9 per cent) and lowest in the BFSI and Transport, logistics, communication, equally standing at 17.7 per cent.According to the report, some of the reasons behind gender pay gap could be the preference for male employees over female employees, preference for promotion of male employees to supervisory positions and career breaks of women due to parenthood duties and other socio-cultural factors.Worldwide, lack of pay parity has taken a centre stage with strong views being shared by sports persons, political and business leaders alike. Men often get higher salary offers than women vying for the same title in the same organization, Monster India Managing Director Sanjay Modi said.”Needless to say, the situation is far from desired in India, especially when the country is gearing towards inclusive development,” Modi said adding the task at hand is the pace at which this pay gap can be bridged.advertisementThere is a strong need to create equal opportunities for all, particularly women, who are key contributors in the Indian job market, he added.Ironically, while education is considered as one of the major factors in influencing salaries, yet it is least paid sector in India.”If the government needs to fulfill its vision of jobs for all and a skilled India, then we need a sound education ecosystem with high quality teaching staff. Hence, it has become imperative to make the salaries of teachers and researchers competitive, if not lucrative,” Modi said.Monster Salary Index is an initiative by Monster India in collaboration with Paycheck.in (managed by WageIndicator Foundation) and IIM-Ahmedabad as a research partner.This report provides a comparison of wage and working conditions figures for three periods: calendar year 2013, calendar year 2014 and the first three quarters of 2015 (January ? September 2015).The sample used for the analysis consists of 31,193 respondents and contains only employees as wages of self-employed people are excluded. PTI DRR ABKlast_img read more

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Emirates announce service to Multan

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first_imgEmirates, a global connector of people, places and economies, today announced its plans to launch services to Multan, Pakistan, beginning 1st August, 2015.Service to Multan, Pakistan’s 5th largest city by population, will commence with four weekly flights operated by a Boeing 777-300 in a two-class configuration – 54 seats in Business Class and 310 in Economy Class. The aircraft can carry up to 23 tonnes of cargo, opening up many more trade opportunities in the region.Multan is one of the world’s oldest cities with a rich history as a cultural and trade hub. Located on the banks of the Chenab River in the Punjab province of Pakistan, Multan is famous for agricultural products such as wheat, cotton, sugar cane, mangoes, citrus, guavas, and pomegranates.Multan is also a commercial and industrial centre, well connected with other industrial hubs such as Lahore, Karachi, Gujranwala, Quetta and Faisalabad. The major industries in Multan include fertilizer, cosmetics, glass manufacturing, cotton production and processing, large textile units, flour mills, sugar, and oil mills. Exports from the region include traditional Multani shoes, embroidery on dresses for women and men, furniture, wooden products, pottery, camel-skin ware, surgical instruments and carpets.“As we approach our 30 year anniversary of services to Pakistan, we’re reminded of the strong ties we have with the country”, said Ahmed Khoory, Senior Vice President Commercial Operations West Asia and Indian Ocean. “The additional services to Karachi and the introduction of Multan to our network will position Pakistan as Emirates’ fourth most highly served country worldwide with 80 return flights a week operating between Dubai and Pakistan. Furthermore, not only will Emirates be the first airline to offer wide-body premium cabin service to Multan, this new route will help boost global trade and economic opportunities in the region and provide additional travel options to Pakistanis wanting to connect with friends, families, and colleagues throughout our network of over 140 destinations worldwide.”Source = Emirateslast_img read more

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