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At Snap, women earn 53 percent less than men

At Snap, women earn 53 percent less than men

In the UK, large companies are required to report gender pay gaps each year, and Snap reports that women are paid 53 per cent less than the average hourly wage calculated.

The technology sector has become one of the highest paid sectors in the UK, but it shows that the pay gap between women and men in technology companies is lower than the national average. Bloomberg.

Snap Inc. In, there are more men than women in the highest paid positions in product development and technology. Eighty-five percent of the highest paid employees in the company are men.

In addition, Snap-based compensation is more common than some company competitors, and the company believes that if it is excluded, the gap will be 20 percent.

TikTok’s pay gap is 30 percent

TikTok, owned by Chinese Bytedance Inc., one of Snap’s main competitors, claims that women are paid 30 percent less than men. According to TikTok, the definition of gender required to identify gender does not refer to their status in gender identity.

In the UK, large companies with more than 250 employees are required to report the average wage gap between men and women, starting in 2017. In a British company, the average male earns 9.8 percent more than the average female in 2021. In the previous year, the difference was 10 percent. In 2017, the difference was 9.2 percent.

Wage gap in average wages in Sweden

In 2020, the average salary in Sweden was 33,700 for men and 31,200 for women, which means that men earned 8.01 percent more than women.

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