Whitepaper: The Gender Pension Gap: From Awareness to Action

The issue of gender pay inequality is widely recognised, but the long-term effect of the difference between the pension savings of men and women is still underestimated.

Mercer's whitepaper aims to reach out to employers with a summary of concrete actions they can take to narrow the gender gap sooner, while engaging employees and improving productivity, equality and their public image.

Key findings:

• Employers should care about the gender pension gap because it can increase productivity and engagement among employees, drive business growth through gender diversity, plan for future regulatory changes and manage reputational risk.
• The average gender pay gap in the European Union (EU) is 16%.
• The average gender pension gap in the EU is 40%.