A CRITICAL INVESTIGATION INTO ANALYSING KEY FACTORS IN REDUCING GENDER PAY DIFFERENCES IN ORGANISATIONS
Dr. Jaya Singh1, Dr. Ritu Benjamin2
Associate Professor1, Assistant Professor2, The ICFAI University, Raipur
ABSTRACT: The issue of the pay gap between men and women continues to be a pervasive problem in organisational settings, and it continues to get substantial attention from both academics and the general public. Within the scope of this investigation, a critical examination of the intricate processes associated with the gender pay gap is carried out with the intention of discovering and assessing crucial factors that are successful in lowering this prevalent problem. The purpose of this research is to investigate gender-based income differences by undertaking an in-depth examination of the existing body of existing literature. According to the findings of the study, these inequalities in wages are quite complicated and include a number of different characteristics, such as socio-cultural, structural, and systemic circumstances. This research makes use of theoretical frameworks such as social identity theory and institutional theory in order to investigate the underlying mechanisms that are responsible for maintaining unequal pay practices. In this examination, the role of organisational policies and practices in influencing inequalities in remuneration is highlighted.
KEYWORDS: Pay Differences, Gender, T-test