Belgium maintains 10th place for women’s economic empowerment
Share article:
Share article:

Belgium maintains 10th place for women’s economic empowerment

Credit: Pixabay

Belgium maintains its tenth place in the ‘Women in Work Index’ ranking on women’s economic empowerment in the countries of the Organisation for Economic Co-operation and Development (OECD).

However, Belgium’s performance is still hampered by a relatively low female participation rate in the labour market (64.9%), the consultancy firm PwC, which compiles the index every year, said Thursday.

To draw up its ranking, PwC takes into account five indicators, namely the parity of male and female salaries, the proportion of women active on the labour market (in absolute terms and in relation to men), the female unemployment rate and the percentage of women working full-time.

On the basis of these five criteria, Belgium maintains its tenth place in the ranking for the year 2019, dominated by Iceland, Sweden and New Zealand.

Although Belgium is historically the third country to have made the most progress (moving from 20th place in 2000 to 10th in 2019), little progress has been made in 2019, PwC said Thursday in a statement.

“Barely 64.9% of women in Belgium are active on the Belgian labour market (compared to 73% of men) and only 72% of them work full-time, compared to OECD averages of 70% and 76% respectively,” the consultancy firm said.

Related News

 

By way of comparison, Iceland has a female labour market participation rate of 84.4% (compared to 89% of men), making it the country with the highest proportion of women active in the labour market.

In contrast, the gender pay gap in Belgium (defined as the median wage difference between men and women) has narrowed from 5.8% in 2018 to 4.8% in 2019, placing the country third among OECD countries, while the average is still 15%.

Women’s representation on boards of directors has also improved in our country, from 31.1% in 2018 to 36.7% in 2019, a result that propels Belgium to 7th place in the ranking in terms of women’s representation on boards of directors.

“It is positive to see that Belgium stands out in terms of the gender pay gap and female representation on boards of directors,” commented Griet Helsen, Partner at PwC Belgium.

“However, in the context of an ageing population putting downward pressure on the labour market, it is crucial to focus on increasing women’s participation in the labour market.”

“In this respect, it is essential that they have the right technical skills to take advantage of the opportunities offered by the fourth industrial revolution,” she says.

The Brussels Times

Latest news

Limiting private contacts ‘needed to fight autumn wave’, expert warns
The Consultative Committee announced it is introducing a handful of measures in public spaces to control the quickening spread of the coronavirus, ...
After 5 rescues in 2 days, hundreds of migrants take shelter in Italy
After five rescues in less than two days, almost 400 migrants aboard the Geo Barents search and rescue ship in the Central Mediterranean, operated by ...
Belgian wind farm closed down to save migrants floating in sea
A wind farm near Zeebrugge had to be shut down on Wednesday morning as more than 25 migrants had been adrift in its vicinity off the Belgian coast ...
Cinemas will require Covid Safe Ticket from Friday
The Covid Safe Ticket (CST) will be required to attend cinemas across Belgium from Friday, which marks the start of the autumn holidays, the ...
UN issues strong warning ahead of climate change summit in Glasgow
New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a ...
Disastrous year for Belgian beekeepers
Belgian beekeepers have experienced a disastrous year, with honey production 50 to 60 percent lower than last year due to heavy rainfall during ...
New measures for schools considered as situation becomes ‘untenable’
Belgium's various education partners met on Wednesday to discuss additional measures to implement in schools as the coronavirus situation worsens in ...
Belgium in Brief: Back To Masks
I really hope you didn't throw out all your masks. You'll be needing them again. Now I do appreciate that this isn't a huge change for ...
Belgium a climate slowcoach as EU reveals emissions progress
The European Union is on track to pass its first big climate test, according to new figures published this week. But Belgium has been singled out for ...
Belgium’s decision on possible third shot postponed until Saturday
The decision on how Belgium will proceed with the roll-out of third shots of the coronavirus vaccine has been postponed until Saturday.  The news ...
Experts and politicians respond to new coronavirus measures
The handful of measures (re-)introduced by Belgium's Consultative Committee on Tuesday in response to the worsening coronavirus situation have had a ...
New fraudulent e-mails circulating in Belgium
A warning has been put out about new phishing e-mails that have been circulating since last Saturday and are sent from what could appear to be an ...