InfoShot: Everyone’s underpaid, women have it worse
Human Resources

InfoShot: Everyone’s underpaid, women have it worse

Despite the large amounts of money that float around technology, it seems not enough is being put into the pockets of your average IT worker.

According to a survey by Spiceworks, 63% of IT Professionals feel underpaid. Almost half of workers surveyed in another Spiceworks survey said they expect a raise of less than 5%. One-third of IT pros are looking to change jobs in 2017, 64% of them citing an increased salary as one of the reasons.

Now this alone paints a bleak picture for employee retention and happiness in 2017. But spare a thought for the women of the tech world: depending on where they live, women are paid between 5% and 9% less than their male counterparts. According to tech jobs site Hired, women are paid on average 9% less in the UK, 8% less in the US, 7% in Canada, and 5% in Australia.

The study suggests larger companies have the smallest wage gap, but it’s largest at medium-sized companies – between 201 and 1,000 employees. Hired suggest this is partly down to differing salary expectations between the sexes, and it’s something that becomes more pronounced the longer the career.

“At the current pace of change, the pay gap will not be eliminated until 2069,” concludes the report. “Not only is that more than half a century away, but it’s also nearly a century after the Equal Pay Act of 1970 was introduced.”

For an industry not known for being particularly female-friendly, these are not good stats. While the report says pay gaps decrease when women ask for higher salaries, more open wage structures might spur people to speak out more.

18-01-17-everyones-underpaid-women-have-it-worse

Also read:
InfoShot: Tech CEO pay vs workers
InfoShot: Tech companies rule high-paying US companies
InfoShot: Hacking doesn’t pay
InfoShot: Diversity in tech firms

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Dan Swinhoe

Dan is Senior Staff Writer at IDG Connect. Writes about all manner of tech from driverless cars, AI, and Green IT to Cloudy stuff, security, and IoT. Dislikes autoplay ads/videos and garbage written about 'milliennials'.  

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