What are the contributing factors of the Gender Pay Gap in the finance industry in Ireland?

Gill, Marie (2023) What are the contributing factors of the Gender Pay Gap in the finance industry in Ireland? Masters thesis, Dublin, National College of Ireland.

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Abstract

This study examines the gender pay gap (GPG) in the finance industry in Ireland, where the average GPG is 21.5%, and aims to identify contributing factors and practical methods to narrow the gap. The finance industry was chosen to analyse as traditionally it is male dominated.

This study employs a cross-sectional research design following a qualitative approach, using a mono method of interpretative phenomenological method of data collection and a thematic analysis approach and to get an insight into the lived experiences of five men and five women in the finance industry in Ireland. It also considers the research literature already in existence.

Research reveals common themes impacting the gender pay gap, including education and career choices, caring responsibilities, confidence, and career development. The study highlights the complex nature of the gender pay gap and the need for practical methods to address the issue.

Results conclude that there is no one size fits all approach exists to narrowing the gender pay gap in the finance industry in Ireland. This is a complex systematic issue across multifaceted areas from sociodemographic to culture. The key findings of the research identified conscious and unconscious bias towards females is a major invisible factor contributing to the GPG. Organisations need to address these factors by implementing effective HR policies, fostering a supportive culture and providing unconscious bias training for staff. Humour was also observed to be used to mask gender bias and discrimination in the workplace, making it difficult to address.

Item Type:	Thesis (Masters)
Supervisors:	Name Email Tan, Eileen UNSPECIFIED
Subjects:	H Social Sciences > HG Finance H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management H Social Sciences > HD Industries. Land use. Labor > Issues of Labour and Work > Remuneration H Social Sciences > HD Industries. Land use. Labor > Issues of Labour and Work > Classes of Labour > Women and Work
Divisions:	School of Business > Master of Arts in Human Resource Management
Depositing User:	Tamara Malone
Date Deposited:	30 Aug 2023 15:45
Last Modified:	30 Aug 2023 15:45
URI:	https://norma.ncirl.ie/id/eprint/6852

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