France's Gender Pay Gap: Women Working for Free Until Year-End

The Gender Pay Gap in France

• 📌 In France, women earn 14.2% less than men for equivalent full-time work.
• 🎯 This disparity means women are effectively working for "free" from the end of the year until December 31st.

Stagnant Progress and Future Projections

• 📉 Since 2016, the gender pay gap in France has narrowed by only 0.9%.
• ⏳ At the current pace, equal pay is not projected to be achieved until the year 2,167, a timeline of 142 years.
• ⚠️ A lack of sufficiently ambitious public policy is identified as a key reason for this stagnation.

Policy and Legislative Efforts

• 🏢 Since 2021, French companies with over 1,000 employees are required to reserve more professional positions for women.
• 🇪🇺 A European directive from 2023 aims to close the gender pay gap by requiring firms to share salary information and act if the gap exceeds 5%.