Navigating the Gender Pay Gap: Occupational Insights and Business Strategies in Malaysia

Press/Media: Expert Comment

Description

Researchers Professor Grace Lee, Elise Looi and Dr Sharon Koh's article published in Business Today examines the impact of female representation at decision-making levels on corporate performance of PLCs in Malaysia. Findings suggest that gender diversity policies, coupled with fair remuneration, can lead to substantial economic benefits. Increasing female representation is not only about fulfilling quotas; it demands an alignment with fair pay principles to bridge gender pay gaps and foster workplace collaboration.

Period24 Aug 2023

Media contributions

1

Media contributions

  • TitleNavigating the Gender Pay Gap: Occupational Insights and Business Strategies in Malaysia
    Degree of recognitionNational
    Media name/outletBusiness Today
    Media typeWeb
    Country/TerritoryMalaysia
    Date24/08/23
    DescriptionAt the 2023 World Women Economic & Business Summit in Kuala Lumpur, Professor Geoffrey Williams shared his analysis of the average salaries of men and women in Malaysia. His argument centred on the notion that the average salaries of men and women are nearly identical once adjusted for hours worked (e.g., hourly wage for males is RM18.6 while the hourly wage for females is RM18.7). Although this viewpoint provides a valuable overview, a more detailed examination of data by occupational categories reveals a contrasting depiction. There exists a notable disparity in hourly wages between males and females in several occupational fields, such as managers, professionals, and clerical support workers, among others, which cannot be attributed to disparities in working hours. The observed discrepancy indicates the presence of a gender-based wage disadvantage within some occupational domains, even when accounting for differences in labour hours.

    URLhttps://www.businesstoday.com.my/2023/08/24/navigating-the-gender-pay-gap-occupational-insights-and-business-strategies-in-malaysia-2/
    PersonsGrace HY Lee, Kah Yee Looi, Koh Geok May