Company policies may drive pay inequality more than differences in workers' skills, study finds

Differences in workers' skills aren't always the biggest reason for pay inequality, a study reported in Bloomberg Dec. 9 reveals.

New data from the Organization of Economic Cooperation and Development shows that about one-third of wage inequality is caused by differences in company policy.

High-wage companies pay about twice as much as low-wage companies for the same type of work, according to the report.

The trend of more women working at low-wage firms than men is widening the gender pay gap, the report found.

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