Our Pay Gap Calculator helps you quickly assess wage disparities between two groups. Easily calculate the percentage difference in average salaries to understand potential income inequality, whether it's related to gender, role, or other factors. Promote fairness and transparency in compensation with this essential tool.
Formula:
Pay Gap (%) = ((Average Salary Group A - Average Salary Group B) / Average Salary Group A) * 100
- Average Salary Group A: The average salary or earnings of the reference group (e.g., higher earners).
- Average Salary Group B: The average salary or earnings of the comparison group (e.g., lower earners).