The wages of regular female employees at listed companies in Japan stand at only 71.7% of those of their male counterparts, a survey by Tokyo Shoko Research Ltd. Shows, Haruna Okuyama reported for Mainichi Japan.
The financial and insurance sectors had the largest gap in wages, with females receiving 63.6% of what their male counterparts earn.
As the companies claim that there are no wage differences between their male and female workers as long as they joined the firms in the same year and are engaged in the same job duties and assignments, the research firm speculates that the wage gap can be attributed to the low number of female managerial staff in those companies.
The survey was conducted after listed companies were told to reveal wage gaps between male and female workers and the ratio of female managers in their securities reports for the business year.
Of the 2,456 companies ending their business term in March, 1,677 firms showed differences between how much male and female employees earned, and 1,706 companies listed the ratio of female managers.
The financial and insurance sectors had the largest gap in wages, with females receiving 63.6% of what their male counterparts earn, followed by the construction industry at 65.3% and the fisheries, forestry, and mining industries at 65.5%.
These figures show female workers in these sectors earn nearly 40% less compared to their male colleagues.
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