00:02The gender pay gap, the difference in average earnings between working men and women in the EU is real and
00:09it is costly.
00:10Women's gross hourly earnings are on average 11.1% less than men's per Eurostat.
00:16For every 100 euros a man earns in the block, a woman only earns 88.9 euros.
00:22Over a year, women are on average paid 3,900 euros less than men in the EU, according to estimates
00:29from the European Trade Union Confederation.
00:31It means that 92.5 million women working in the EU are collectively losing more than 358 billion euros a
00:39year.
00:40The average employed woman loses more than 5,000 euros a year in Finland, Austria, Germany and Sweden.
00:46Luxembourg is the only country in the EU where women are paid more than men, earning roughly 474 euros more
00:53per year.
00:54In order to tackle the issue, the EU adopted the Pay Transparency Directive, which aims to boost salary transparency and
01:02tackle the gender pay gap.
01:03It was due to take effect by the 7th of June 2026, but most member states missed the deadline.
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