Mallorca

Balearic results on salary equality better than national average

By Euro Weekly News Media • 18 February 2015 • 8:41

THE Balearic Islands’ gender pay gap is the lowest one in Spain together with the Canary Islands.

Women in the Balearic Islands earn 16.78 per cent less than men performing a job of the same nature, while the national figure is currently at 23.93 per cent, according to the data provided by Labour Union UGT.

The figures also showed that this rate is the highest one since 2002 and the result of a progressive increase since the beginning of the financial crisis.

It is estimated that a woman will have to work 11 and a half years more than a man to be able to earn the same pension amount when they retire.