New report reveals female wages falling faster than men’s, undermining industrial strategy and capital market reforms
South Korea’s Ministry of Gender Equality and Family reported last week that the gender wage gap among listed companies widened to 30.7% in 2024, a development that underscores the risks to the country’s industrial competitiveness, financial credibility and policy coherence at a time when it is seeking to strengthen its position in global value chains.
The findings show that the very sectors Seoul relies upon to drive export growth and technological leadership are also those with the deepest gender disparities in pay and participation, creating structural contradictions that threaten to undermine long-term productivity and investor confidence.
South Korea’s Ministry of Gender Equality and Family reported last week that the gender wage gap among listed companies widened to 30.7% in 2024, a development that underscores the risks to the country’s industrial competitiveness, financial credibility and policy coherence at a time when it is seeking to strengthen its position in global value chains.
The findings show that the very sectors Seoul relies upon to drive export growth and technological leadership are also those with the deepest gender disparities in pay and participation, creating structural contradictions that threaten to undermine long-term productivity and investor confidence.
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