Pay biases shrinking but still significant, says Haldane

Andrew Haldane
Andy Haldane
Bank of England

Bias remains an important explanation for the ongoing sizeable gender pay gap in the UK, Bank of England chief economist Andy Haldane said on October 21.

Haldane presented research that seeks to unpack the myriad causes driving differences in pay. He and co-authors Zahid Amadxarif, Marilena Angeli and Gabija Zemaityte split the pay gap into factors such as tenure in a job, age, qualifications, job type and sector, with the remaining “unaccounted for” gap reflecting what Haldane called “gender

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