Gender pay gap in Singapore narrows, more women in leadership roles: MSF report

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Gender Pay Gap,Ministry Of Social And Family Development,Gender Equality

In the most recent UN Gender Inequality Index, Singapore ranked eighth worldwide and first in the Asia Pacific for having a low level of gender inequality.

SINGAPORE: The gender pay gap in Singapore has narrowed in recent years and more women are in leadership roles, according to a Ministry of Social and Family Development report released on Friday .According to MSF's report, the unadjusted median gender pay gap for full-time resident employees aged 25 to 54 in Singapore dropped from 16.3 per cent in 2018 to 14.3 per cent in 2023.

The government works with the Council for Board Diversity to increase women's representation on the boards of the top 100 companies listed on the Singapore Exchange to 25 per cent by 2025, and 30 per cent by 2030. The gap between male and female employment rates has also narrowed within the same time frame, decreasing from 20.1 percentage points in 2013 to 12.4 percentage points in 2023.There has also been an upward trend in the proportion of women employed in professional, managerial, executive, and technician roles and traditionally male-dominated areas, the report said.

“Beyond policy and legislation, a whole-of-society effort is needed to shift mindsets and break gender stereotypes to achieve progress on gender equality,” said the report. In the workplace, managers and colleagues can support and help facilitate the re-entry of mothers back to the workforce as well as provide equal support for fathers who need to take leave to care for their children, the report said.

These include easy access to quality maternal care services and resources for parenthood, as well as national initiatives such as Healthier SG and Age Well SG to support all Singaporeans and residents, including women, in taking care of their health.

Gender Pay Gap Ministry Of Social And Family Development Gender Equality

 

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