Every year, International Equal Pay Day is observed annually on September 18 around the world to raise awareness about the gender pay gap. The day aims to advocate for equal pay for work of equal value, regardless of gender. The gender pay gap refers to the difference in earnings between men and women for the similar amount of work. Across all regions, women are paid less than men, with the gender pay gap estimated at around 20 percent globally. International Equal Pay Day was established by the United Nations in 2019 to highlight the inequalities in wages between men and women and to encourage action toward achieving pay equity. September 2024 Festivals, Events and Holidays Calendar: Complete List of Important National and International Days and Dates. 

According to UN data, women earn 77 cents for every dollar men earn for work of equal value – with an even wider wage gap for women with children. Additionally, women are more likely to be unemployed than men worldwide, with wide disparities regionally. In this article, let’s know more about International Equal Pay Day 2024 date and the significance of the annual event.

International Equal Pay Day 2024

International Equal Pay Day 2024 is observed on Wednesday, September 18.

International Equal Pay Day Significance

Achieving equal pay is an important milestone for human rights and gender equality. International Equal Pay Day is an excellent opportunity to highlight the importance of equal pay for both men and women. Closing the gender pay gap contributes to more equitable societies, stronger economies, and improved well-being for all.

Ensuring that women receive fair compensation for their work is crucial for reducing poverty and improving the economic status of families. On this day, governments and corporations announce or highlight initiatives aimed at closing the gender pay gap, such as new legislation, pay audits, or corporate pledges to improve pay equity.

(The above story first appeared on LatestLY on Sep 15, 2024 06:30 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).