Women workforce participation has been on the rise over the past few years as it spiked from 23.3 per cent in 2018-19 to 31.9 per cent in 202-21, shows the recent data produced by the Ministry of Labour and Employment. However, women continue to face some major financial challenges in the workplace.

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This International Women’s Day, Zee Business spoke to various working women and other experts to get an understanding of what are the major financial challenges a woman faces at the workplace.

1. Gender Pay gap 

 

Women professionals across various domains have been vocal about the gender pay gap prevalent in the workplace. Be it Bollywood or corporate life, women have complained about the gender pay gap persistent to date. “There is a multitude of challenges the women workers deal with across their different types of work. Along with the prevalence of glass ceilings the women workers face in high-skill formal jobs, the gender-based discrimination in wage payment is common to both high-skill, highly remunerative jobs and also the low-paying elementary occupations requiring low-skills,” said Bidisha Mondal, a research fellow at IWWAGE.

 

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