KRSouth Korea's gender pay gap at public institutions decreased to 19% in 2024, marking the first time it has fallen below 20%, according to government data. However, the overall gender pay gap across all sectors remains the highest among OECD countries, with women earning 29.3% less than men in private companies. At 3,146 corporations, the gap stood at 29.3%, down 1.4 percentage points from the prior year. Public institutions saw a 1 percentage point reduction, reaching 19%. The gap varies significantly by industry, with wholesale and retail showing the largest disparity at 42.29%, while accommodation and food services had the smallest at 14.2%. The government attributes these disparities to occupational segregation, career interruptions, and barriers to advancement for women. It plans to implement new regulations requiring companies to disclose gender-based employment and pay differences.
Bias read (Center): The article presents factual data on the gender pay gap without overtly favoring any political ideology. While it highlights ongoing disparities and government efforts to address them, it does not take a clear partisan stance. The framing is balanced, focusing on statistical trends and policy plans,
